Image Source: PixabayElliott Wave Analysis TradingLounge Daily ChartBinance/ U.S. dollar(BNBUSD)BNBUSD Elliott Wave Technical AnalysisFunction: Follow TrendMode: MotiveStructure: Impulseposition: Wave 5Direction Next higher Degrees: wave (3)Wave Cancel invalid level: Details: The Five-Wave Increase in Wave 5Binance/ U.S. dollar(BNBUSD)Trading Strategy:
The outlook remains bullish for the Impulse pattern. We are still awaiting further action twice to complete the pattern. Therefore, the price continues to move in an upward direction.Binance/ U.S. dollar(BNBUSD)Technical Indicators:
The price is below the MA200 indicating an Uptrend. The Wave Oscillator is a Bullish Momentum.
Elliott Wave Analysis TradingLounge H4 ChartBinance/ U.S. dollar(BNBUSD)BNBUSD Elliott Wave Technical AnalysisFunction: Follow TrendMode: MotiveStructure: Impulseposition: Wave 5Direction Next higher Degrees: wave (3)Wave Cancel invalid level: Details: The Five-Wave Increase in Wave 5Binance/ U.S. dollar(BNBUSD)Trading Strategy:
The outlook remains bullish for the Impulse pattern. We are still awaiting further action twice to complete the pattern. Therefore, the price continues to move in an upward direction.Binance/ U.S. dollar(BNBUSD)Technical Indicators:
The price is below the MA200 indicating an Uptrend. The Wave Oscillator is a Bullish Momentum.Technical Analyst: Kittiampon SomboonsodSource: Tradinglounge.com
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