V Elliott Wave Analysis Trading Lounge Daily Chart,

Visa Inc., (V) Daily Chart 

V Elliott Wave Technical Analysis

FUNCTION: Trend 

MODE: Impulsive  

STRUCTURE: Motive 

POSITION: Wave {iii} of 3.    

DIRECTION: Upside into wave 3.  

DETAILS: Looking for a top in wave {iii} soon as the subdivision seems to have provided us with a five wave move within {iii} and we have approached the top of Minor Group 2 at 280$.

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V Elliott Wave Analysis Trading Lounge 1H Chart,

Visa Inc., (V) 1H Chart

V Elliott Wave Technical Analysis

FUNCTION: Trend 

MODE: Impulsive  

STRUCTURE: Motive 

POSITION: Wave iv of (v).  

DIRECTION: Upside in wave (v). 

DETAILS: Looking for upside into wave v of (v) as we seem to be having a Classic Trading Level at 280$ and we need to move up above the level (280$).

(Click on image to enlarge)

This analysis provides an Elliott Wave interpretation for Visa Inc. (V), with insights into both the daily and 1-hour charts, giving an outlook on the current trend, structure, and key price levels. 

* V Elliott Wave Technical Analysis – Daily Chart*

Visa has been advancing within wave {iii} of 3, showing a clear five-wave subdivision within this structure. As it approaches MinorGroup2 at 280$, a key level, there is potential for the wave {iii} to complete soon. After reaching this level, the next likely phase could be a corrective wave {iv}, allowing the market to consolidate before another upward push. 

* V Elliott Wave Technical Analysis – 1H Chart*

Visa is currently in wave iv of (v) within the broader wave {iii}. There appears to be some consolidation just below the 280$ level, Classic Trading Level. After the completion of wave iv, the market could resume its upward momentum in wave v of (v), potentially pushing prices beyond 280$. Breaking this level would be a strong bullish signal, confirming the continuation of the upward trend.

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