Termination of "Minute"-wave 4 (blue): SubMinuette wave 5 (grey) is probably a Truncated5 with a "Micro"-degree wave 5 (green) as a "Extension1"-wave pattern. If the black support-line will not be broken today, then...
Kommentar
⋅
DAX hits support level at 12000 and terminated a "Minute!-wave 4 (probably a ZigZagFlat). Last leg c of this Flat has been a impulse-wave with a clear 1-2-3-4-5 count: Wave 3 has been extended (>2,618 of wave 1) and In those cases, wave 1 and wave 5 are often looking similar (1:1). A further decline seems to be unrealistic, because of massive support (Lower line of trend-channel).