DAX FORECAST - NEW BULLISH IMPULSE
Hey Traders!
So I was expecting a pattern here and we have a perfect Impulse and a corrective structure which seems like a ZIgZag ABC.
A smaller degree impulse happened inside the structure so we will look for a buy set up; however it could continue correcting, let's hope it goes as planed.
Always trade with care,
Carlos
So I was expecting a pattern here and we have a perfect Impulse and a corrective structure which seems like a ZIgZag ABC.
A smaller degree impulse happened inside the structure so we will look for a buy set up; however it could continue correcting, let's hope it goes as planed.
Always trade with care,
Carlos
Note
Expecting now a bigger correction to brake out of the structure (grey); if it reversed sharp then we may look for another downtrend low (orange)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.