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Ewbelgium

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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