DAX 30 FTSE 100 Technical Analysis Elliott Wave 17 February 2020
The long term view of the DAX30 and the Intraday trading
Overview: Today I take a long term view of the DAX30 and also the Intraday trading. Expecting the DAX to move higher in the next session, traders can look to trade long now or wait for the pullback from 13,800.
Elliott Wave: Wave iii of (iii)
Trading Levels: Minor Level 8 (mTL8) 13,800 the 800 or rather the number 8 is currently the resistance and as tested support creates the long trade
Trading Strategy: See video to trade long
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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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