The recovery from 82760 was definitely an impulse and pull back from 83890 was a simple ABC correction.
This is the textbook elliott wave cycle, moving up in five waves then pull back in three waves.
The next move will go "UP" 100% SURE But We just don't know it will be wave-3 or wave-C.
So, What are you guys waiting for?
UKX is ending the wave-c of wave-B soon or it was already ended.
In the next 3-5 days UKX will go down to 7514-7520 to complete wave-C.
I'm very confident with this count and I have no alternate count. Every information points to this scenario.
Have a good trade
Right now Swissy is in wave-v of 3.
Target is around 1.002 - 1.01
invalid count if price go below 0.978
After complete wave-3, swissy will correct into wave-4 then we wait until wave-4 give us more information to create buy setup again.
Have a good trade.
Hello trader long time no see. I’m back right now.
Take a look to the DAX chart. I think the market will unfold as a triangle of the 4-wave of larger degree and when finish, DAX will go to the 15000 territory. But before that, we will going to sell the index for target around 12300-12500.