hi All,
Yesterday I catched the DAX right at the top ! How I came to that analysis based on Elliott waves / Fibonacci I will explain in a tutorial.
Now wave (1) is finished and I am looking for the next retracement level.
The first retracement is the level where the triangle appeared. I expect that this level will be exceeded so I assume the retracement will go up until 12643 in wave (2) to start another fall.
I will keep you posted in that thread.
Cheers,
Merakshi.
Yesterday I catched the DAX right at the top ! How I came to that analysis based on Elliott waves / Fibonacci I will explain in a tutorial.
Now wave (1) is finished and I am looking for the next retracement level.
The first retracement is the level where the triangle appeared. I expect that this level will be exceeded so I assume the retracement will go up until 12643 in wave (2) to start another fall.
I will keep you posted in that thread.
Cheers,
Merakshi.