AndyCuckoo

DAX Elliott Wave Analysis for Friday 27/10/2023

OANDA:DE30EUR   Germany 30
In the higher time frame, we have completed a WXY correction but as forecasted this was not yet the wave (2) low. The lower time frame was showing corrective price action indicating more wave (2) downside. Several bearish scenarios can be considered because we took out the 04/10/2023 low.

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