Elliott Wave Analysis TradingLounge Daily Chart,
SEI/ U.S. dollar (SEIUSD)
SEIUSD Elliott Wave Technical Analysis
Function: Follow Trend

Mode: Motive

Structure: Impulse

Position: Wave 2

Direction Next Higher Degrees:

Wave Cancel Invalid Level:

SEI/ U.S. dollar (SEIUSD) Trading Strategy:
After a long correction period in early 2025, SEIUSD appears to have completed its last downward movement around the $0.13–0.14 range. The price has started a strong upward move, initiating a new wave ①. Currently, SEIUSD is beginning wave ②, likely forming an (A)-(B)-(C) corrective structure.

Wave ② Support Targets:

50% Retracement: $0.1757

61.8% Retracement: $0.1637

Wave Cancel Invalid Level: If SEIUSD falls below $0.13, the current structure would be invalid and needs reassessment.

Trading Strategies
Strategy:

For Short-Term Traders (Swing Trading):

Wait for a retracement into the Fibonacci upper zone and look for a reversal signal before entering trades.

Risk Management:

Place stop-loss orders carefully below the $0.16 support area or use $0.13 as an invalidation point.

(Click on image to enlarge)

Elliott Wave Analysis TradingLounge H4 Chart,
SEI/ U.S. dollar (SEIUSD)
SEIUSD Elliott Wave Technical Analysis
Function: Follow Trend

Mode: Motive

Structure: Impulse

Position: Wave 2

Direction Next Higher Degrees:

Wave Cancel Invalid Level:

SEI/ U.S. dollar (SEIUSD) Trading Strategy:
After an extended corrective move in early 2025, SEIUSD appears to have finalized its downward structure around $0.13–0.14 and is now experiencing a sharp recovery forming wave ①. It has now entered wave ②, which is anticipated to unfold in an (A)-(B)-(C) pattern.

Wave ② Support Targets:

50% Retracement: $0.1757

61.8% Retracement: $0.1637

Wave Cancel Invalid Level: If SEIUSD drops below $0.13, the wave count would be invalidated and a new analysis would be required.

Trading Strategies
Strategy:

For Short-Term Traders (Swing Trading):

Wait for a retracement towards the upper Fibonacci retracement zone, then look for a reversal signal to initiate positions.

Risk Management:

Apply stop-loss orders just under the $0.16 level or alternatively at the $0.13 invalidation mark.

(Click on image to enlarge)

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