DAX // What needs to happen before the deep correction?

2024年12月15日

The market has almost reached the daily target fibo 238.2 after an unbelievable run!

But every impulse has a correction, so mabe it's time to be prepared.

The H4 structure already broke, but there is no new wave, and there is a clear H1 breakout that may push the balance for the sellers.

Smart money (my tick-by-tick volume analysis indicator) is selling for more than a week.

The daily impulse base is very close, and may trigger sell orders.

If there will be a huge fight, we may also see a sideways market for some time.

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We may not know what will happen, but we can prepare ourselves to respond effectively to whatever unfolds.

Stay grounded, stay present.🏄🏼‍♂️

Your comments and support are appreciated! 👊🏼

2024年12月16日

注释

H4 trend turns bearish.

2024年12月17日

交易结束：到达目标

2024年12月19日

注释

Second target reached.