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NEO/USD Elliott Wave technical analysis [Video]

NEO/USD Elliott Wave technical analysis [Video]
Peter MathersPeter MathersTradingLounge

NEO/USD Elliott Wave technical analysis

Function: Follow Trend.

Mode: Motive.

Structure: Impulse.

Position: Wave (3).

Direction next higher degrees: Wave ((3)) of Impulse.

Wave cancel invalid level: 9.85.

Details: Wave (3) is Equal to 161.8% of Wave (1) at 24.52.

Chart

NEO/USD four-hour crypto chart

Function: Counter Trend.

Mode: Corrective Structure: Zigzag.

Position: Wave (C).

Direction next higher degrees: Wave ((2))) of Impulse.

Wave cancel invalid level: 9.85.

Details: The Wave ((2)) is equal to 61.8% of Wave ((1)) at 14.24.

NEO

NEO/USD Elliott Wave technical analysis [Video]

Author

Peter Mathers

Peter Mathers

TradingLounge

Peter Mathers started actively trading in 1982. He began his career at Hoei and Shoin, a Japanese futures trading company.

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