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AMB/USD SpeculationThe AMB/USD chart cancels out a lot of noise from the AMB/BTC chart. Downtrend broken and turned into an uptrend that needs to hold these next couple of weeks to stay valid. An inverse head and shoulders looks as though it is forming: It has a clear neckline (blue horizontal) and assuming the uptrend/diagonal support holds here that would be the first target. The second target is calculated by the price disparity between the low of the head (in this case the lowest point priced in on the chart) and the neckline, then adding that difference to the neckline. The Kumo cloud has been green these last couple months which is the first time in AMB's 1W history. The Tenkan and Kijun have crossed bullish, however they are still not above the Kumo cloud so they aren't as strongly bullish as they can be just yet. The Lagging Span is still below the Kumo Cloud which is bearish. The massive volume is notable. By the looks of things, the chart may contain just enough bullish biases for the swing trader to have suitable conviction to make a play here depending on risk tolerance. For the long term hodler, entry point as an investment could play out quite profitably for one who is looking to take a risky bet on one of the lowest Market Cap coins on Binance. This assumes that the product proves legitimate, the negotiations with IBM/Maersk and others stay true and the team keeps working hard.
ALong
by Hrempe
DAX - One more small push lower before rallying ? Excellent R/R!DAX - Turned into a Triangle here it seems. I'm expecting price to go down to ~12645 or even a bit lower towards the 61.% retracement level and hte 161.8% projection level, respectively at 12566 and 12515. (It should ideally remain above 12463 since a close below that would significantly increase for bears to take over). Alternatively, if price remains above 12682 and rallies above 12858, it would have important implications since that would make this correction a wave B Triangle and therefore we can expect one more wave C up before going to lower lows, below 12333 !!
OANDA:DE30EURLong
by ElliottWaveBelgium
TSLA - One more push lower before rallying way above 500 ?We're in a wave 4 that seems to be taking the form of a Triangle. Measures have been respected for now, each leg being 61.8% to 78.6% of the prior move. This makes us believe that wave D and E of the Triangle can be of the same proportions. But if price keeps on going higher now, we could then be in Flat correction , which could take wave B up to the noted 1.272 - 1.382 zone before going back down to 350-ish (needs to be recalculated depending on B of course). Bigger picture
NASDAQ:TSLALong
by ElliottWaveBelgium
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