DAX - Short term Elliott Wave Analysis
Looking for w4 of a 5 wave Elliott Wave cycle to complete somewhere in the pink box.
Otherwise, if this was a W-X-Y sequence, then there is a potential for this move up to have completed already at the 38.2% retracement level. With further downside to a new low imminent.
Otherwise, if this was a W-X-Y sequence, then there is a potential for this move up to have completed already at the 38.2% retracement level. With further downside to a new low imminent.
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