The post Dax found a textbook support appeared on BitcoinEthereumNews.com.

DAX made a nice higher degree wave (IV) correction, which looks like a completed complex W-X-Y pullback with perfect textbook support at the former wave I swing high and 38,2% Fibo. retracement. We can also see an equal wavelength of waves (II) = (IV), exactly at the psychological 17k area, from where we may see a bullish continuation for a higher degree wave (V) of V. DAX Daily Chart From August 02 DAX Daily Chart From August 14 Get Full Access To Our Premium Elliott Wave Analysis For 14 Days. Click here. Source: https://www.fxstreet.com/news/dax-found-a-textbook-support-202408140939

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Filed under: News - @ August 14, 2024 12:26 pm