GBPAUD Elliott Wave Analysis Trading Lounge 4 Hour Chart, 25 July 23,   British Pound/ Australian Dollar (GBPAUD) 4 Hour Chart GBPAUD Elliott Wave Technical Analysis Function: Trend(new) Mode: impulsive Structure:Subwave 3 of 1 Position: New Motive Wave 1 Direction Next Lower Degrees:Subwave wave (3) of Motive go more down Details: Subwave Wave “3” is likely move more downward . Wave Cancel invalid level: 1.93961 On 25th July 23, the 4-hour chart of the British Pound/Australian Dollar (GBPAUD) pair is analyzed using Elliott Wave theory, revealing a trending market with a new impulsive mode. The function of the price movement is identified as a trend, while the mode is characterized as impulsive. The current structure is recognized as Subwave 3 of 1, with the position of the price

Elliott Wave Analysis TradingLounge Daily Chart, 24 May 23,   NEO /U.S.dollar(NEOUSD) NEOUSD Elliott Wave Technical Analysis Function: Reactionary(Counter Trend) Mode: Corrective Structure: Double Corrective Position: Wave ((Y)) Direction Next higher Degrees: Wave II of Motive Details: Wave reversal II has a probability of .786 x length Wave I Wave Cancel invalid Level: 5.96 NEO /U.S.dollar(NEOUSD) Trading Strategy: It is possible that wave ((2)) may end at the level of 8.69. A five-wave rise and a breakout of the 28338.31 level will support this idea. But even so, the price is still in a downtrend as it holds below the MA200, trading is still cautious. NEO /U.S.dollar(NEOUSD)Technical Indicators: The price is below the MA200 indicating a downtrend MACD and RSI are Bullish moment