Elliott Wave Technical Analysis: AAVEUSD – Wednesday, February 14

Image Source: Elliott Wave Analysis TradingLounge Daily Chart, 14 February 24,AAVE/ U.S. dollar(AAVEUSD)AAVEUSD Elliott Wave Technical AnalysisFunction: Counter TrendMode: CorrectiveStructure: ZigzagPosition: Wave ((C))Direction Next higher Degrees: Wave II of ImpulseWave Cancel invalid Level: 47.34Details: Wave II near trend to complete and Five-wave increase will support idear.AAVE/ U.S. dollar(AAVEUSD)Trading Strategy:Wave II correction appears to be over at the 81.485 level and the price is likely to be bullish again. We are looking at a five-wave increase to support this idea.Binance Coin / U.S. dollar(BNBUSD)Technical Indicators: The price is above the MA200 indicating an Uptrend, Wave Oscillators a bullish Momentum.TradingLounge Analyst: Kittiampon Somboonsod, CEWASource: Tradinglounge.comElliott Wave Analysis TradingLounge 4Hr Chart, 14 February 24AAVE/ U.S. dollar(AAVEUSD)AAVEUSD Elliott Wave Technical AnalysisFunction: Counter TrendMode: CorrectiveStructure: ZigzagPosition: Wave ((C))Direction Next higher Degrees: Wave II of ImpulseWave Cancel invalid Level: 47.34Details: Wave II naer trend to complete and Five-wave increase will support idearAAVE/ U.S. dollar(AAVEUSD)Trading Strategy:Wave II correction appears to be over at the 81.485 level and the price is likely to be bullish again. We are looking at a five-wave increase. to support this idea.Binance Coin / U.S. dollar(BNBUSD)Technical Indicators: The price is above the MA200 indicating an Uptrend, Wave Oscillators a bullish Momentum. More By This Author: