Binance Elliott Wave technical analysis [Video]
BNB/USD Elliott Wave technical analysis
Function: Follow Trend.
Mode: Motive.
Structure: Impulse.
Position: Wave 2.
Direction next higher degrees: Wave IV of Impulse.
Wave cancel invalid Level: $597.
BNB/USD trading strategy – Daily chart
Binance Coin (BNBUSD) is presenting a potential bullish reversal following a correction phase, likely marking the completion of wave ② near the Fibonacci retracement zone of 50% – 61.8%. This price area now hints at the start of a medium- to long-term advance into wave ③.
Trading strategies
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Strategy:
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Risk management:
BNB/USD Elliott Wave technical analysis
Function: Follow Trend.
Mode: Motive.
Structure: Impulse.
Position: Wave 2.
Direction…
