Hello traders,
We bring you another important technical analysis on the DAX index.
We can see that according to Elliott Wave theory we have completed corrective ABC structure, also taken liquidity and started the bullish 12345 structure in smaller timeframe as u can see on the chart.
So the next outlook is that the value of the DAX index will increase.
But be careful!
It is necessary to respect the invalidation level in this case.
We also have to take into account the war in Ukraine, all of President Trump's statements, interest rates, and other stimuli that can change the market instantly!
WavePulse
We bring you another important technical analysis on the DAX index.
We can see that according to Elliott Wave theory we have completed corrective ABC structure, also taken liquidity and started the bullish 12345 structure in smaller timeframe as u can see on the chart.
So the next outlook is that the value of the DAX index will increase.
But be careful!
It is necessary to respect the invalidation level in this case.
We also have to take into account the war in Ukraine, all of President Trump's statements, interest rates, and other stimuli that can change the market instantly!
WavePulse
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.