Counting waves and taking RSI into account leads to a reasonable guess for a 1-2 yrs DAX baisse target.
The significant high prior to the 2008 crisis coincides with a cycle's IV-th wave correction down there currently establishing.
Virtual R/R ratio is roughly 1:5.if the estimated primary 1st sub's low is taken for stop-loss; "virtual" because this is better used to govern shorter term actions.
WITHOUT ANY WARRANTY.
BE AWARE THAT YOU TRADE AT YOUR OWN RISK!
The significant high prior to the 2008 crisis coincides with a cycle's IV-th wave correction down there currently establishing.
Virtual R/R ratio is roughly 1:5.if the estimated primary 1st sub's low is taken for stop-loss; "virtual" because this is better used to govern shorter term actions.
WITHOUT ANY WARRANTY.
BE AWARE THAT YOU TRADE AT YOUR OWN RISK!