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

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Market Summary Euro Indices: Expect the US Dollar DXY to move down into Wave C of (4) and the EURUSD to move up into Wave C of (4) taking the DAX Stoxx and FTSE higher. Short-term long trades are the takeaway today.
Trading Strategy: Long trade setups on the EURUSD and Euro Indices, Long above Wave b on the abc Wave (ii) retracement.
 

European Indices Elliott Wave Counts:

  • DAX 40 Elliott Wave  i) of 5
  • FTSE 100 Elliott Wave  i) of 5
  • EURO STOXX 50 Elliott Wave C of (4)
  • FOREX EURUSD Wave C of (4)

Video Length: 00:10:37

Disclosure: As with any trading or investment opportunity there is a risk of making losses especially in day trading or investments that Trading Lounge expresses opinions on. Note: Historical ...

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