Next week we can go upto 11840 and max down to 11480.
If Dax goes under 11640 till Friday we can see 11575 - 11500 - 11480 - 11400 and max 11200.
I will buy from 11690 - 11700 - 11720 - 11760 with TP 11805.
I will sell from 11805 - 11760 - 11735 - 11690 - 11640 - 11580 - 11540 - 11480 with TP 11408.
BULL dvg in MOM , RSI & MACD in 60min chart, often be a bullish sign.
BUT it's obviose a HS topformation, so here we have to be careful,
and watch careful for bearish sign's again, and if it turn down again....
This could also be used for a new better short-position again,
if that should appear :)
If it stay's over 650-700, that could also be even a stronger BULL-case.
Just think this is a normal back test, but you never know these day's.....maybe Trump sends out another tweet the DAX is overvalued and I am screwed..........:-) We will find out soon........
Sell @11775 (+235/-125)
SL 11900
TP 11540
Buy 4 Positions @11540 (After reaching any TP move SL to this TP) (+960/-580)
SL 11395
TP1 11655 (+115/-145)
TP2 11750 (+190/-145)
TP3 11835 (+295/-145)
TP4 11900 (+360/-145)
Under 11322 Dax will fall down to 10970.
February will show us how Dax will continue.
Here you can see my LongTimeTrade for Dax(TP12200)
In this post I'm discussing the chart of Dax using Elliott Wave.
As per my main count that is presented here the market is in Wave v of Wave 3 and hence a lot of upside remains.
Upside targets for upcoming months :
T1 : 12400 (Most recent high)
T2 : 13000
T3 : 14000
The market seems very favorable from the point of view of investment as more upside can be seen...
I post everyday my positions. Feel free to contact me.
Dax will reach 11700 till 2017-01-23 !
My Trade Plan for 2017-01-19 - 2017-01-23
Buy @11580 (+70/-58)
TP 11650
SL 11522
Buy @11580 (+120/-58)
TP 11700
SL 11522
My Trade Plan for 2017-01-19 - 2017-05-05 LONG TIME
Buy @11550 (+650/-319)
TP 12200
SL 11230
