DAX // correction of the correction - neutral

١٦ ديسمبر ٢٠٢٤

The market turned south on H4 from the all-time highs and the H1 target fibo 138.2.

As long as this short H4 countertrend is valid (the market is below the H4 impulse base), I'm waiting for a bearish H1 countertrend break to target again the correction fibo 23.6

The daily impulse base is in the way, so the trade has to be managed there - it may be a target or a scale-in opportunity.

Of course, I'l try to publish how I pull my trigger line as the H1 countertrend develops.

For me, long only above the highest clear breakdown (green).

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Trading is just waiting "sometimes", but opportunities are endless, so why not wait for the right moment!🏄🏼‍♂️

We may not know what will happen, but we can prepare ourselves to respond effectively to whatever unfolds.

Stay grounded, stay present.🏄🏼‍♂️

Your comments and support are appreciated! 👊🏼

١٧ ديسمبر ٢٠٢٤

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