DAX - Great upside potential with clear limited risk!

DAX has much more upside potential here.
We should be in wave ((3)) now but if we see a pullback, it's highly probable for it to be wave 2 of this higher degree ((3)) but it needs to hold above 11860 in that case.

Of course, if we see a sharp decline going below 11860 and ultimately 11835 then the bullish count gets invalidated and we are still in a correction in that case

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Note

First Target would be 12456, previous high, once that breaks, we can look for 12800 to 13000!

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Note

Going for wave 5 higher now ?

Note

If the 78.6% level holds, bulls will keep control here and take this much higher.

Note

DAX - Keeps on going sideways, which in what seems to be a triangle.

ElliottWaveBelgium

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ElliottWaveBelgium

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