DAX30 FTSE 100 (UKX) FTSEMIB CAC40 Daily Technical Analysis Elliott Wave [Video]

Peter Mathers TradingLounge

DAX30 FTSE 100 (UKX) FTSEMIB CAC40 Technical Analysis Elliott Wave and Trading Levels.

Elliott Wave: Wave (iv) corrective pattern to unfold from 12000 The 38.2% retracement is 11,800

TradingLevels: 12,000 as resistance and a corrective pattern is unfolding

Trading Strategy: Move Stop Loss Order to 11,986. New long trades above 12,010 and new short trades below 11,990 as the retested resistance.

Author

Peter Mathers

TradingLounge

Peter Mathers started actively trading in 1982. He began his career at Hoei and Shoin, a Japanese futures trading company.

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