Plan for the medium term w/c November 13th 2017
T1 = 12950
T2 = 12390
T3 = 11890
This is based on the assumption that wave 5 has come to an end and that we've entered a correction wave. Would be happy to hear from people that know a lot more than me about EW.
T2 = 12390
T3 = 11890
This is based on the assumption that wave 5 has come to an end and that we've entered a correction wave. Would be happy to hear from people that know a lot more than me about EW.
Trade active
Watch out for the level 13110 and the red trend line...Trade active
T1 reached, next stop 12390...Trade active
Candles formed today point to a leg up before further downs. Must not breach 13200.Trade active
Wondering whether we've just started wave 3 down... Would like to hear from Elliott Wave specialists..Trade active
Bearish Hidden DivergenceTrade active
About standard and hidden divergence...Trade active
Both DAX and GER30 don't show higher lows or higher highs thus continuation of the bearish trend for now. Note
Mustn't break 13211 for this plan to remain valid...Trade active
Watch out for a potential Bull flag...Trade active
Bear flag in the making?Trade active
If 12811 breaks we pretty well know we're on wave 3....Trade closed: stop reached
Exceedingly bullish DAX...Trade active
Looking at this again, I'd say that reaching the 12950 to form the right shoulder followed by a sharp down is still possible.Trade active
DAX continuing its path to around 12950Trade active
If the Italian Election Results aren't too severe.... Original H&S still in play.Note
DAX rejected a close below 11'930 again and is now on its way to form the right shoulder. I'll start looking out for a high in RSI around the 12'650 mark and divergence around the 12'850-12'950 mark. We'll see....telegraph.co.uk/health-fitness/nutrition/have-fallen-great-calorie-con/
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.