Geert2000

Geert2000

sqrt levels on chart drop to 12855 - 12650

Geert2000

Square root levels calculated from the low at 10275

Geert2000

As chart

Geert2000

as chart

Geert2000

1 more leg up in this 5 wave structure double top

Geert2000

Dax seems to respect the square root lvls calculated from the top ( 13600 ) Dax still in an uptrend that started from the lows at 11260 ( sqrt lvl ) Ended wave 3 at 12236 ( sqrt lvl ) Wave 4 could start now ( small retracement to (11905 sqrt lvl) and should close 2 gaps below. Wave 5 could end the uptrend at or around ( 12457 sqrt lvls) These Square root lvls rock.

Geert2000

as chart

Geert2000

Dax Square root levels taken from the top at 13600

Geert2000

as chart

Geert2000

Small retracement to 11500-11400 first First tp 11850 2nd tp 12200

Geert2000

as chart

Geert2000

'Greyhound pattern' is an easy pattern that often returns in stock charts. Also esay to define if you look at the divergence.

Geert2000

As chart

Geert2000

As chart

Geert2000

dax

Geert2000

Dax D

Geert2000

Gartley pattern ( XABCD ) taking chape The GREEN 3 drivers pattern ( AB ) completed. A 61.8% retrace of the XA move The current RED 3 drivers pattern ( BC ) should retrace 61.8% of the AB move. The CD leg could be ending around the 127% - 161% of the current BC leg.

Geert2000

first target around 11300