BitcoinWorld DAX Chart of the Day: Wave Five Signals More Upside, but Resistance Looms The DAX index is showing a fifth Elliott Wave pattern that suggests further upside potential, according to the latest chart analysis, but traders are keeping a close eye on key resistance levels that could cap gains in the near term. Understanding the Elliott Wave Pattern The Elliott Wave principle is a technical analysis method that […] This post DAX Chart of the Day: Wave Five Signals More Upside, but Resistance Looms first appeared on BitcoinWorld.