Allianz Outlook // Do we see a ABC consolidation?

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Allianz Outlook and we finished the monthly PG

The crash around march last year was heavy but it was predictable. A monthly PG was formed before the crash. The trigger around 191€ was triggered and we saw a strong 75€ movement. Important is that we also crash the last low at 118€.

Do we see a next movement on the downside

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A ABC consolidation would be nice to enter the market. Now we are around the all time high. If we want to destroy the phantasy of cheaper prices, then we need to make a new all time high.
Maybe we build a new big signal to find new opportunities but for now i don't see anything.

Source: (Guidants/Godmode Trader) & JFD Broker & Binance

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