Wow what a nice rallye, now maybe the right time for a short?
Hey fellows,
for those of you who saw my analysis on 16.10.2015 and had the same view on the market congrats. You expired a 700 pips rallye of the ger30 (dax) last week. The analysis from 16th is attached to this one.
Since DAX rallyed very strong within only a few days and it is close to a extended AB= 1.27CD pattern which is confluencing with some structure levels and also with the upper Trend resistance line of the channel drawn in my analyis, I do expect soon a correctional down leg.
What do you think?
Important: :-)
If you like my analysis and find it useful, please take a second and hit the LIKE button and follow me. It takes some time to create these posts and your LIKES let me know it is helpful to you. As always, any comments are welcome. Agree or disagree.
Please remind yourself that this is just my personal view on the market and you always should do your own analysis before trading
for those of you who saw my analysis on 16.10.2015 and had the same view on the market congrats. You expired a 700 pips rallye of the ger30 (dax) last week. The analysis from 16th is attached to this one.
Since DAX rallyed very strong within only a few days and it is close to a extended AB= 1.27CD pattern which is confluencing with some structure levels and also with the upper Trend resistance line of the channel drawn in my analyis, I do expect soon a correctional down leg.
What do you think?
Important: :-)
If you like my analysis and find it useful, please take a second and hit the LIKE button and follow me. It takes some time to create these posts and your LIKES let me know it is helpful to you. As always, any comments are welcome. Agree or disagree.
Please remind yourself that this is just my personal view on the market and you always should do your own analysis before trading
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