Elliott wave analysis Trading Lounge daily chart,
NEO/US dollar (NEOUSD).
NEOUSD Elliott Wave Technical Analysis
Function: Counter trend.
Mode: Fixed.
Structure: flat.
Position: Wave (2).
The next higher order direction: impulse waves ((2)).
Wave cancellation invalidity level:
Details: Wave (2) may test level 8.22.
NEO/USD (NEOUSD) trading strategy:
This is a 5-wave retracement of wave (C), which is in the final stage of wave (2), which is likely to test the 8.22 level, and the big picture is a short-term retracement before further upside. It has become.
NEO/USD (NEOUSD) technical indicators: Price is below MA200, indicating a downtrend. The wave oscillator is bearish momentum.
NEO/US dollar (NEOUSD).
NEOUSD Elliott Wave Technical Analysis
Function: Counter trend.
Mode: Fixed.
Structure: flat.
Position: Wave (2).
The next higher order direction: impulse waves ((2)).
Wave cancellation invalidity level:
Details: Wave (2) may test level 8.22.
NEO/USD (NEOUSD) trading strategy:
This is a 5-wave retracement of wave (C), which is in the final stage of wave (2), which is likely to test the 8.22 level, and the overall picture is a short-term retracement before further upside. It has become.
NEO/USD (NEOUSD) technical indicators: Price is below MA200, indicating a downtrend. The wave oscillator is bearish momentum.
Technical Analyst: Mr. Kitianpong Somboonsod.
