BidPicture - Possible X-Wave on Dax
Wave B went exactly on 61er Fibo of Wave A. C moved 100% of A from B.
Now we have a combination (X-Wave). If we break the region 8600 it could open the door (Target 8520) to lower Levels about 8520 in a three Wave down move (Y =abc)
8520 would also be the 61er Fibo of the last Impuls. But be carefull: After a X-Wave we could also se a triangle or a flat movement.
MoB of this Idea is a break of the upper X-Wavelevel on 8688.
Now we have a combination (X-Wave). If we break the region 8600 it could open the door (Target 8520) to lower Levels about 8520 in a three Wave down move (Y =abc)
8520 would also be the 61er Fibo of the last Impuls. But be carefull: After a X-Wave we could also se a triangle or a flat movement.
MoB of this Idea is a break of the upper X-Wavelevel on 8688.