Possible 3 wave pattern

This is a short term forecast. I expect the DAX to climb higher and take out the 2015 highs later at some stage. Trade with your own proven strategy! Abide by your stops!

Komentarz:

I am now looking for a daily chart close below 11892. This will signal further downside. Good Luck!

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I'm taking half off here. Move stop to break even. Well done all.

Zlecenie zamknięto ręcznie:

Break even stop reached. Well done for all who took half with me. For those who are still looking for a pull back I believe the pattern is still valid as long as we don't close above the recent high on a daily chart close (use DAX chart not GER30). Cheers

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B wave more extended but the structure remains.