DAX IndexLong
German Dax Has An Elliot Count, and it looks bullish!
Updated
Looks like the German DAX has a clear Elliot wave count.
The 4th wave is complete:
* It has reached the 4th of a lesser degree; which coincides with a major support level at 11,950 And the 200 EMA;
Wave 5 target is around 13,600
The 4th wave is complete:
* It has reached the 4th of a lesser degree; which coincides with a major support level at 11,950 And the 200 EMA;
Wave 5 target is around 13,600
Note
Trailing stop placed at 12,950Trade closed: stop reached
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