DAX30 corrective ABC
12410.19 is pivot point for moving wave 5,
but the pivot point for whole moving wave 1 - 5
is 50% fibo retracement level, which is exactly
10940.27.
In my opinion, there is no reason corrective A in ABC,
not to test 50% fibo level.
Below 50% fib level is possible test 38.2% even 23.6% for C.
but the pivot point for whole moving wave 1 - 5
is 50% fibo retracement level, which is exactly
10940.27.
In my opinion, there is no reason corrective A in ABC,
not to test 50% fibo level.
Below 50% fib level is possible test 38.2% even 23.6% for C.
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