DAX Found A Textbook Support


DAX made a nice higher degree wave (IV) correction, which looks like a completed complex W-X-Y pullback with perfect textbook support at the former wave I swing high, 38,2% Fibo. retracement. We can also see an equal wavelength of waves (II) = (IV), exactly at the psychological 17k area, from where we may see a bullish continuation for a higher degree wave (V) of V. DAX Daily Chart From August 02 DAX Daily Chart From August 14More By This Author:Coinbase Remains In The Bullish Trend, So As Crypto Market
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