Allianz SE (ALV - Xetra) is in ABC zigzag wave pattern from major top made in Daily time frame. It already completed B wave in complex correction and after completion of B wave, it started under-performing DAX index and moving down in C wave. Now 3rd of 3rd wave starts moving down, which should be much sharper.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.