I can't get out of the mindset that we didn't see a significant retracement after the circled i. If ii is complete, it may mean we are in the third and strongest impulse wave upwards. However, if we are still in the correction, it could play out as the pink circled a-b-c flat.
DAX is looking heavy as it moves through it's wave 2 on the next higher degree. I have highlighted my prediction in red which is the convergence of the 50% Fib retracement area between the high and low of the total move, and the rising trend line.
Following the conclusion of the impulsive 1-2-3-4-5 on this and the degree above, a, A-B-C correction down to the start of wave 4 on the previous impulse should follow. The form has already taken the first two stages of a zigzag (5-3-5) correction which presents us with a short opportunity with another 1-2-3-4-5 impulse wave down to around that shown on the image....
Is there any way to override the indicator drawings when zooming in? Instead of zooming into the candles they are stretched wide due to a compression effect from the indicator rectangles.
This issue is not only limited to this indicator.
Two trades this week.
H4 Anchor chart in consolidation.
H1 Presented two confirmed entries for 237 points.
See link to Related Ideas for the WD50 tutorial.
There is a way. It’s going to be a ball ache depending on how many times to have to repeat it.
1) Scroll the chart all the way back to the start of the data on the time frame you want.
2) Select Replay and click the "earliest" candle. This will load the previous candles.
3) Scroll the chart all the way back to the start of the data. Select the Jump to candle...
