DAX 30 FTSE 100 Technical Analysis Elliott Wave 16 December 2019
DAX 30 FTSE 100 UK100 Technical Analysis Elliott Wave
DAX Elliott Wave: Wave (iv) back just below 13,300 then Wave (v) higher to 13,500
DAX 30 Trading Levels: Tested support on top of Minor Group1 13,300 will set up the next target at 13,500
DAX Trading Strategy: Currently Long at 13,166 with a break even Stop Loss order
FTSE100 Elliott Wave: Wave (iv) retracement in play, once completed expect a move higher to 7,500
FTSE 100 Trading Levels: Tested support on 7,300 sets the market up for higher ground towards 7,500
FTSE100 Trading Strategy: Long at 7233 with Stop Loss Order at 7292 with target at 7,500
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Education: Elliott Wave Structures
Elliott degrees in order: Grand Super cycle wave, Super cycle wave, Cycle wave, Primary wave, Intermediate wave, Minor wave, Minute wave, Minuette wave and Subminuette wave.
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