The DAX 40 chart shows signals for the end of the upward movement phase.
The higher-degree wave structure indicates a corrective movement in the form of an ABC zigzag. The final wave [c] of this structure is currently observed. Although the wave [c] has not been formed fully yet, we can expect its completion in the near future.
According to a smaller time-frame, the market moves within the ABC zigzag. Currently, the price is completing the formation of the wave (c) apparently and the price movement may move into a new wave formation.
To summarize, it is worth noting that the upward movement continues to develop on the chart on a higher time-frame. However, the wave analysis indicates the final stage of formation of this impulse.
In this situation, long positions are prioritized.
DAX 40 H1: Wave Analysis for the Asian Session on 22.5.2025
