German DAX : Three Wave Move Underway

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Jan 5, 2016.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    German DAX hit our projected level for a fifth wave at 10150-10200 from where we have seen already a bounce for nearly 150 points. It appears that new recovery can be underway now, with minimum three legs which is also suggested by a bullish divergence on the RSI. That been said, price can recover back to open gap if 10170 low stays in. German Dax, 30 Min

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