ewpips.com

BIG Picture @DAX - Bullish & Baerish View

FX:GER30   DAX index of German listed shares
154 3 1
Bullish view (green):
The First upper move was a "Leading Diagonal" 1,2,3,4,5 (1,4 overlap).
We could get a pullback (2) to the region 8600. The following impulsive would bounce towards ATH             with a break an a new ATH             .

Baerish view (red):
We could get a Flatcorrection towards ATH             @ 8769 in a corrective move with a B/X. Maximum target of the C/Y could be 8346. This would be the 161 Fib of A/W , B/X. Be carefull of an "Expended Flat" which is not counted in the picture. It would be a mess of information. I will update if something will changes.
ewpips.com
3 years ago
So, first targetzone @8600 A/2 reached. Both counts still activ. For today we should see an impulsive movement C/3 towards higher levels @8700+.
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ewpips.com
3 years ago
First target B/II. Thats correct! not A/2
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ewpips.com
3 years ago
B (red) and II (green)
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