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Geert2000
Nov 15, 2015 1:58 PM

DAX gap trade monday 16th Short

DAX index of German listed sharesFXCM

Description

ATM a gap around 10500.
Could drop to 10388 ( 1.61 x gap ) to finnish Wave A of a corrective ABC
A bounce Wave B close the 10730 gap
Overall a 9% drop from 11050 target around 10060 Wave C ( according the 1999 pattern)
Comments
look4edge
Great call, 10500 was daily ichi cloud....
wonder if another high above 11k comes, but think its over
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