Bitcoin price today: hits record high over $122k ahead of ’crypto week’
DAX is turning down from above 10800 and now trading around the 10648 area, which suggests that market may have seen a top at 10801 for black wave 5 of 3). If that's the case then a new corrective set-back is now in progress, ideally down into red wave 4) pullback with three sub-waves headed to around 10200-10300 area where we would look for a new evidence of a bullish turn.
At the moment we see a nice three sub-wave move unfolded in black wave B, which could find some resistance and a turning point lower close to the 78.6 Fibonacci ratio.
German DAX, 4H
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