DAX Correction
The Dax ended its Motive Wave rally in an ending diagonal. Its breakout from the ending diagonal -M.W. (5) - confirms the correction. We could experience a small drop and up to form Corrective Wave B before going to complete Corrective Wave C. I will take another short at B. Targets can be at the end of Wave (4) and account protection orders above M.W. (5).
Please...do not hesitate if you have a different view. We can discuss.
Remember to calculate risk before taking a trade. Always minimize it. Do not break your risk management rules.
Happy trading!!!
Please...do not hesitate if you have a different view. We can discuss.
Remember to calculate risk before taking a trade. Always minimize it. Do not break your risk management rules.
Happy trading!!!
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