MaryJane
Long

Is the holy 61,8 Fibo again the level for a turnaround?

FX:GER30   DAX index of German listed shares
985 9 51
5 months ago
The consolidation reached the maximal correction fibo-Level 61,8. Here a Turnaround could start. TP could be 9850.
On ist way up, several resistances appear: 9560/9750
Prices belwo the significant Low at 9158 will cause a selloff.


Former Analysis:
Shortterm Short?
5 months ago
Comment:
snapshot
oh oh..that smells bearish (shortterm)
5 months ago
Comment:
snapshot
5 months ago
Comment:
snapshot
faster than a speedy bullet..ups
5 months ago
Comment:
snapshot
wowwww..reached Min. TP H&S...Top!
5 months ago
Comment:
snapshot
also reached Max. TP !!! puhhhhhhhhhh
5 months ago
Comment: on it`s way up are several resists: 9497 / 9557 / 9618
snapshot
5 months ago
Comment: microstructure also bullish with a flag
snapshot
5 months ago
Comment: flag target nearly reached...
snapshot
5 months ago
Comment: dax should not trade again below 9400 from now on! below that Level, the Sentiment again turnes bearish
5 months ago
Comment:
snapshot
last but not least....
5 months ago
Comment:
snapshot
nearly reached tp....above this Level, i exspect a firther upwave the next days
Chartsmith
5 months ago
It's a double 61.8 confluence too :)
Reply
Chartsmith Chartsmith
5 months ago
snapshot
Reply
MaryJane Chartsmith
5 months ago
like :-)
Reply
Chartsmith
5 months ago
That was some vicious price action :/
Reply
MaryJane Chartsmith
5 months ago
puhhhhh... :-)
Reply
Chartsmith
5 months ago
We're having the move we wanted yesterday today :)
Reply
MaryJane Chartsmith
5 months ago
Was it planned for yesterday? ;-)
Reply
Chartsmith MaryJane
5 months ago
Maybe only in my mind :D
Reply
salarfeen
5 months ago
Hi Mary,

Great work! I've been following your short to this level and then the long again. Do you think it will go to 9800/9900 this upcoming week before it falls ?
Reply
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