Name: DAX Elliott Wave Analysis for Wednesday 12/07/2023
Uploaded: 2023-07-12T01:45:13.403829
Channel: AndyCuckoo
Description: We need a bit more data but traders can prepare for a short trade. In case of an impulse, we wait for 5 waves up that end with divergence. Keep in mind that we do not necessarily need the 5 waves up, 3 waves in the form of an ABC is also possible.

Elliott Wave Support and Resistance Fibonacci elliotwaveanalysis DAX Index dax30 dax40 daxanalysis

elliottwaves supportandresistance fibonacci elliotwaveanalysis dax dax30 dax40 daxanalysis

We need a bit more data but traders can prepare for a short trade. In case of an impulse, we wait for 5 waves up that end with divergence. Keep in mind that we do not necessarily need the 5 waves up, 3 waves in the form of an ABC is also possible.