DAX30 indeed delivered the Bearish Correction which started exactly at the 12950.00 Levels, as posted in the previous post: GER30-DAX – SELL Set-Ups – Stock Exchange Crash.
We have decided to make a full review on DAX30 and post an updated Analysis because we do not agree overall with Cycle Wave III (green) being the shortest wave or overlapping with Cycle Wave I (green).
LEWA decided not to accept this Rule Violation. Therefore, we are looking at the Bullish Structure as if Cycle Wave III (green) is not yet complete. In fact, Cycle Wave III (green) shows an Extension in its Primary (blue) sub-waves.
DAX30 – Stock Exchange Crash – When, How and Why?
According to the Analysis below DAX30 very much looks like it is trading within an ABC Grand Super-Cycle (pink) and possibly finalize the last 3 pieces of the puzzle for Super-Cycle Wave (V) (black) to complete the Bull Market.
Before you get to see my charts allow me to tell you this: ‘’I know how complicated it might look but believe me it’s not, just follow my lead and you’ll see.”
.........................more details in private.
Trade active
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Testing the 1st BUY on the 100% FIb and preparing for the possible 161.8%, also hedging with the other SELL Trade/Post:
Worked out perfectly until now. 13,3K here we come :) Could you please invalidate the bullish RT idea? A re-count on the original idea is very much appreciated. Thanks again, have a good one!