fximperija

DAX EW weekly sequence

FX:GER30   DAX Index
The 2009 - 2015 EW sequence has been completed and DAX             entered correction. This could mean ABC correction for another EW up but, imo             this looks more like a start of a new bearish EW sequence. This should be confirmed if DAX             breaks bellow the previous EW4 in this descending channel . I can not rule out breaking 10000 mark and testing the higher channel trendline around 10755. For this to happen, DAX             should break the descending channel median and ascending channel lower trendline .
This is the daily Dax EW sequence. I believe we are on the EW4 pullback that has finished last week. Looking for a reversal into EW5 and new low in the coming days.
Reply
fximperija fximperija
Further more this is the last and I believe finished EW sequence on the daily EW4 pullback which shows that the reversal for the EW5 and low is about to happen
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out