Shorting opportunity in DAX 30 (Elliott Wave Analysis)The Hypo 1 (Cyan) suggests that we have completed the Wave a as a leading diagonal which suggests shorting for downside target of the white box support region.
However if we consider the more bearish Hypo 2 (Red) then we can say that the Wave c of Wave B was an Ending Diagonal and we can see for much lower targets in this case.
Since both the Hypos are pointing to the downside, it provides a very low risk shorting opportunity to us with SL just above the W.a (Cyan) high.
