empty
03.08.2021 08:01 AM
Technical analysis of the DAX index for August 3, 2021

This image is no longer relevant

The German DAX index could be peaking here at 15,793. If our long-term count is correct and a huge expanding flat is developing, then wave B is at the ideal target here at 15,793 where wave B will be 1.382 times the length of wave A.

As long as support at 14,813 is able to protect the downside, we can't exclude more upside pressure through the ideal target at 15,793 towards 16,660 before the DAX finally peaks, but is the risk worth running? If the DAX break below support at 14,813 wave C could take the DAX index all the way down to 6,315.

Now is the time to have the game-plan firmly in place so emotion doesn't take over as it's bad companion to rely on.

Chọn khung thời gian
5
phút
15
phút
30
phút
1
giờ
4
ngày
1
ngày
1
tuần
Kiếm lợi nhuận từ những biến đổi giá của tiền điện tử với InstaForex.
Tải MetaTrader 4 và mở giao dịch đầu tiên của bạn.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    THAM GIA CUỘC THI

Các bài báo được đề xuất

Không thể nói chuyện ngay bây giờ?
Đặt câu hỏi của bạn trong phần trò chuyện.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.