SUMMARY
The rounded price formation (which is the same as the rounded bottom, saucer, etc) for DASH is a bit narrow; but if this is THE trend reversal, then it matters none. After a lengthy wxyxz corrective sequence, a rally is coming or has already started.
The MACD is about ready to pop! This will support the projected impulse of five Elliott Waves to higher highs. Will price go vertical? The latter part of the impulse...most likely. Will there be a correction? Yes; but only as a continuation to higher highs; so it'll be very healthy. Just like the correction from Dec to current has been. The month of May can provide some explosive price action!
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Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?
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