Elliott Wave Trading Strategies: DAX 40, FTSE 100, STOXX 50, Dollar Index DXY, EURUSD

Euro Indices, the five wave (impulse) current move down is nearly completed, expect a rally mid to later in the week.

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Market Summary Euro Indices: the impulse wave lower is nearly completed. Then a move up and this move up is important to figure out as corrective or impulsive
Trading Strategy: Wait for the wave 2 rally to short, that is the Wave b) of 2 breach as the safer short trade setup.
 

European Indices Elliott Wave Counts:

  • DAX 40 Elliott Wave (1) of C)
  • FTSE 100 Elliott Wave  (1) of C)
  • EURO STOXX 50 Elliott Wave(1) of C)
  • FOREX EURUSD Wave B of (4)

Video Length: 00:21:25

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