DAX (Germany)SMI (Switzerland)
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DAX (Germany) Index Wave technical analysis [Video]

EU Newsroom
By EU Newsroom

DAX (Germany) Wave technical analysis

Function: Bullish Trend.

Mode: Impulsive.

Structure: Orange Wave 1.

Position: Navy Blue Wave 3.

Direction next lower degrees: Orange Wave 2.

Details:

Navy Blue Wave 2 appears complete. Orange Wave 1 of 3 is now active.

Wave cancel invalidation level: 18530

The daily analysis of Germany’s DAX index presents a bullish trend supported by an impulsive wave pattern. The chart indicates the formation of Orange Wave 1 within the broader Navy Blue Wave 3. This setup implies the end of Navy Blue…

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