2015 DAX® Trade Idea [Longterm]

FX:GER30   DAX Index
Sideways, then a breakdown to 0.5 fib level or even lower on the 1.272 time fib of the preceding up move (between 0 and 1)
Stop above recent high.
What a symmetry, you could be true by using Stan Weinstein's 30week moving averages, which is currently whipsawing, but seems like Draghi is ready to "click" print button
I think it is in climax mode
10,570 in 10days. and then it is over.
As usual agree with the view as you know. In climax mode for me maybe 10.420 and then it is over ;)
if we are in climax mode than I can see this :
YaKa PRO MagnusTradingGroup
haha.. no... just 10days sir then we trade business as usual again. No vertical breakout here.. just 8% which is not bad already
MagnusTradingGroup MagnusTradingGroup
or something more like this:
YaKa PRO MagnusTradingGroup
everything is possible even your previous chart... step by step though...
The way i see it, there is hard resistance at 10600 around.
And what i mean by climax is something that has an end of party spirit (not a break away breakout)
But my hard resistance moves up with time, it's a logarithmic line.
YaKa PRO MagnusTradingGroup
Magnus, please check my posts
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