Elliott Wave Analysis TradingLounge Daily Chart,Binance/ U.S. dollar(BNBUSD)BNBUSD Elliott Wave Technical AnalysisFunction: Counter TrendMode: CorrectiveStructure: TrianglePosition: Wave ((D))Direction Next higher Degrees: wave 4Wave Cancel invalid level: 508Details: Correction in Triangle pattern before rising again in Wave 5.Binance/ U.S. dollar(BNBUSD)Trading Strategy:The short-term correction in Wave 4 with the Triangle pattern continues. Because there is still another decrease in wave E before an increase in wave 5, so wait for the correction to complete to look for opportunities to join the trend again.Binance/ U.S. dollar(BNBUSD)Technical Indicators: The price is above the MA200 indicating an Uptrend, The Wave Oscillator is a Bullish Momentum. 
Elliott Wave Analysis TradingLounge H4 Chart,Binance/ U.S. dollar(BNBUSD)BNBUSD Elliott Wave Technical AnalysisFunction: Counter TrendMode: CorrectiveStructure: TrianglePosition: Wave ((D))Direction Next higher Degrees: wave 4Wave Cancel invalid level: 508Details: Correction in Triangle pattern before rising again in Wave 5.Binance/ U.S. dollar(BNBUSD)Trading Strategy:The short-term correction in Wave 4 with the Triangle pattern continues. Because there is still another decrease in wave E before an increase in wave 5, so wait for the correction to complete to look for opportunities to join the trend again.Binance/ U.S. dollar(BNBUSD)Technical Indicators: The price is above the MA200 indicating an uptrend. The Wave Oscillator is a Bullish Momentum. 
Technical Analyst : Kittiampon Somboonsod Source : Tradinglounge.com get trial here!More By This Author:Elliott Wave Analysis: Nasdaq Stocks, AAPL, AMZN, NVDA, META, NFLX, GOOGL, MSFT, TSLA.
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