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Germany 30

DAX Elliott Wave Analysis Higher Timeframe (07/07/2023)

By AndyCuckoo
The pullback in the higher timeframe might have started. We discuss two scenarios that can play out. A shallow pullback as a wave (4) or the start of a deeper pullback as a wave (2). Investors better wait for more downside before buying again. Traders should wait for more data and analyze the lower timeframe.
DAX Indexdax30dax40daxanalysisElliott WaveelliotwaveanalysisFibonacciSupport and Resistance
AndyCuckoo

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