-
-
Posts
-
By tradinglounge · Posted
ASX: BRAMBLES LIMITED - BXB Elliott Elliott Wave Technical Analysis TradingLounge (1D Chart) Greetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with BRAMBLES LIMITED - BXB. We see that BXB seems to have completed wave (ii)-orange, but needs to push a little higher to confirm this view. And wave (iii)-orange may return to push higher. ASX: BRAMBLES LIMITED - BXB Elliott Wave Technical Analysis ASX: BRAMBLES LIMITED - BXB 1D Chart (Semilog Scale) Analysis Function: Major trend (Minuette degree, orange) Mode: Motive Structure: Impulse Position: Wave (iii)-orange Details: The short-term outlook shows some evidence that wave (ii)-orange has ended, wave c-grey has fully broken down into 5 waves. Now is the time for wave (iii)-orange to open to push higher. Invalidation point: 13.88 ASX: BRAMBLES LIMITED - BXB Elliott Wave Technical Analysis TradingLounge (4-Hour Chart) ASX: BRAMBLES LIMITED - BXB Elliott Wave Technical Analysis ASX: BRAMBLES LIMITED - BXB 4-Hour Chart Analysis Function: Major trend (Subminuette degree, grey) Mode: Motive Structure: Impulse Position: Wave ((4))-navy of Wave i-grey Details: The shorter-term outlook shows that wave (iii)-orange is unfolding to push higher, it is subdividing into wave i-grey, and may complete soon. Following this, wave ii-grey opens to push a little lower, and then wave iii-grey is ready to return to push higher. We will look for a Long Trade Setup when Medium Level 15.00 becomes support. Invalidation point: 13.88 Conclusion: Our analysis, forecast of contextual trends, and short-term outlook for ASX: BRAMBLES LIMITED - BXB aim to provide readers with insights into the current market trends and how to capitalize on them effectively. We offer specific price points that act as validation or invalidation signals for our wave count, enhancing the confidence in our perspective. By combining these factors, we strive to offer readers the most objective and professional perspective on market trends. Technical Analyst: Hua (Shane) Cuong, CEWA-M (Master’s Designation). Source : Tradinglounge.com get trial here! -
By tradinglounge · Posted
Elliott Wave Analysis TradingLounge Daily Chart, Binance coin/ U.S. dollar(BNBUSD) BNBUSD Elliott Wave Technical Analysis Function: Counter Trend Mode: Corrective Structure: Zigzag position: Wave A Direction Next higher Degrees: wave (4) Wave Cancel invalid level: Details: It was corrected in Wave 4 before increasing again in Wave 5. Binance coin/ U.S. dollar(BNBUSD)Trading Strategy: It looks like the third wave has ended at the level of 720.6 and the price is entering a correction period in the fourth wave. This was a short-term earthquake before increasing again in the fifth wave. Therefore, the overall picture is still in an upward trend. Look for opportunities from the completion of the correction to rejoin the trend. Binance coin/ U.S. dollar(BNBUSD)Technical Indicators: The price is below the MA200 indicating an Uptrend, The Wave Oscillator is a Bullish Momentum. Elliott Wave Analysis TradingLounge H4 Chart, Binance coin/ U.S. dollar(BNBUSD) BNBUSD Elliott Wave Technical Analysis Function: Counter Trend Mode: Corrective Structure: Zigzag position: Wave A Direction Next higher Degrees: wave (4) Wave Cancel invalid level: Details: It was corrected in Wave 4 before increasing again in Wave 5. Binance coin/ U.S. dollar(BNBUSD)Trading Strategy: It looks like the third wave has ended at the level of 720.6 and the price is entering a correction period in the fourth wave. This was a short-term earthquake before increasing again in the fifth wave. Therefore, the overall picture is still in an upward trend. Look for opportunities from the completion of the correction to rejoin the trend. Binance coin/ U.S. dollar(BNBUSD)Technical Indicators: The price is below the MA200 indicating an Uptrend. The Wave Oscillator is a Bullish Momentum. Technical Analyst : Kittiampon Somboonsod Source : Tradinglounge.com get trial here! -
Got some at Bitget!
-
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now