Elliott Wave Analysis TradingLounge.
AAVE/ U.S. dollar(AAVEUSD).
AAVEUSD Elliott Wave technical analysis
Function: Follow Trend.
Mode: Motive.
Structure: Impulse.
Position: Wave III.
Direction next higher degrees: Wave (III) of Impulse.
Wave cancel invalid level: 125.280.
Details: The five-wave likely goes up to test 482 Level.
AAVE/ U.S. dollar(AAVEUSD)Trading Strategy: Wave (3) appears to have ended and price is now entering a correction phase in wave (4), so wait for the correction to complete to rejoin the trend.
AAVE/ U.S. dollar(AAVEUSD)Technical Indicators: The price is above the MA200 indicating an uptrend, The Wave Oscillator is a Bullish Momentum.
AAVE/ U.S. dollar(AAVEUSD).
AAVEUSD Elliott Wave technical analysis
Function: Follow Trend.
Mode: Motive.
Structure: Impulse.
Position: Wave ((3)).
Direction next higher degrees: Wave III of Impulse.
Wave cancel invalid level: 125.280.
Details: The five-wave likely goes up to test 325 Level.
AAVE/ U.S. dollar(AAVEUSD)Trading Strategy: Wave (3) appears to have ended and price is now entering a correction phase in wave (4), so wait for the correction to complete to rejoin the trend.
AAVE/ U.S. dollar(AAVEUSD)Technical Indicators: The price is above the MA200 indicating an uptrend, The Wave Oscillator is a Bullish Momentum.
Technical analyst: Kittiampon Somboonsod.
AAVEUSD Elliott Wave technical analysis [Video]
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