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Dash in a three-wave pullback - Elliott Wave analysis

Dash in a three-wave pullback - Elliott Wave analysis
Gregor HorvatGregor HorvatWavetraders

DASH has five waves up from the lows into wave A/1, so more gains are expected for wave C/3, but before a continuation higher towards 100 area or higher, watch out for a bigger and deeper a-b-c corrective decline in wave B/2 that can retest the 54-38 support area. Invalidation level is at 31 lows.

DASH, 4h

Dash

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Author

Gregor Horvat

Gregor Horvat

Wavetraders

Experience Grega is based in Slovenia and has been in the Forex market since 2003.

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