Elliott Wave Analysis TradingLounge Daily Chart,

AAVE/ U.S. dollar(AAVEUSD)

AAVEUSD Elliott Wave Technical Analysis

Function: Follow Trend

Mode: Motive

Structure: Impulse

Position: Wave (2)

Direction Next higher Degrees: Wave III of Impulse

Wave Cancel invalid Level: 81.238

Details:: Wave (II) is likely to have ended and prices are resuming the uptrend.

AAVE/ U.S. dollar(AAVEUSD)Trading Strategy:

Overall, the correction seems to be coming to an end. Look for an opportunity to join the uptrend from a short-term correction within.

AAVE/ U.S. dollar(AAVEUSD)Technical Indicators: The price is above the MA200 indicating an Uptrend, The Wave Oscillator is a Bullish Momentum.

Elliott Wave Analysis TradingLounge H4 Chart,

AAVE/ U.S. dollar(AAVEUSD)

AAVEUSD Elliott Wave Technical Analysis

Function: Follow Trend

Mode: Motive

Structure: Impulse

Position: Wave (2)

Direction Next higher Degrees: Wave III of Impulse

Wave Cancel invalid Level: 81.238

Details:: Wave (II) is likely to have ended and prices are resuming the uptrend.

AAVE/ U.S. dollar(AAVEUSD)Trading Strategy: overall is still in the period of correction. In the position of wave (II) with a double corrective pattern, the view is therefore for a short-term pullback before rising again in wave (III), waiting for the correction to complete to rejoin the uptrend.

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

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