DAX (18 DEC 2022)
Hi, this is a DAX outlook. there will be 2 possibilities for us. First, I wonder if Wave 5 (Diagonal) ended or not. If wave 5 did not end, the price should go up to complete wave 5 first, then drop to the next corrective (ABC). If wave 5 (diagonal) end already, we will use guideline II which the price to come down to corrective (ABC)
Guideline...
Gold
Hi Traders, I have done my analysis for Gold using Elliott wave theory. So there will be 2 guideline for gold.
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Guideline I:
Degree#1 M: wave 4
(if ended)
Degree#2 W: wave x/1
(exp. flat)
Degree#3 D: wave c
(if ended)
Degree#3 D: wave Z
Degree#4 4H: wave...