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Sokow
13 mar 2015 17:16

Correction in progress after wave 5  Short

DAX index of German listed sharesFXCM

Opis

You can see a wave 5 move up and a beginning correction
Wave 5 ends in between fibo 0.382 and 0.5 from the start of wave 1 and wave 3 added to the termination point of wave 4
There should come a correction or a little move upwards to 0.618 fibo.
Price target before next move up is approximately 11750.

Alternative scenario:
Wave 5 runs up to Fibonacci 0.618 and the correction begins at nearly 12000
Komentarze
jimmy_hongkong
It has reached 12189 today, RSI is 81 but there is still no top signal. What do you think?
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