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German DAX : Uptrend Continuation

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Nov 20, 2015.

  1. Sandra S.

    Sandra S. Forum Member

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    German DAX is already back at the highs after the market made only a three wave set-back; a zigzag that completed wave 4) at 10480. We are now tracking a new bullish impulse, which is wave 5 that can move even up to 11300-11400 area by the end of this month. In the meantime, any minor declines will be refereed as corrective intraday waves within ongoing uptrend. We stay bullish on DAX now as long as price trades above 10480. German DAX, 4H

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