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DAX Index
Short

Possible 3 wave pattern

By JoeFlahive
Updated
This is a short term forecast. I expect the DAX to climb higher and take out the 2015 highs later at some stage. Trade with your own proven strategy! Abide by your stops!
Comment
I am now looking for a daily chart close below 11892. This will signal further downside. Good Luck!
Comment
I'm taking half off here. Move stop to break even. Well done all.
Trade closed manually
Break even stop reached. Well done for all who took half with me. For those who are still looking for a pull back I believe the pattern is still valid as long as we don't close above the recent high on a daily chart close (use DAX chart not GER30). Cheers
Comment
snapshot

B wave more extended but the structure remains.
DAX IndexGER30 CFD

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