DBX Elliott Wave Analysis update, Ascending Triangle
Updated
Looks like an ascending triangle (3-3-3-3-3) horizontal corrective wave (2), resistance level 61.8% of wave (1).
Wave E should fall short of support and break through resistance.
Wave E should fall short of support and break through resistance.
Trade closed: target reached
Wave E went down on three, broke past support, broke past resistance, correction completed.Starting wave 1 of (3). Needs to break past 20.18 for confirmation.
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