LLY Elliott Wave Analysis Trading Lounge Daily Chart, 31 January 24 Eli Lilly & Co., (LLY) Daily Chart LLY Elliott Wave Technical Analysis FUNCTION: Trend MODE: Impulse STRUCTURE: Wave {v} of 3 POSITION: Minuette wave (i) of {v}. DIRECTION: Upside into wave {v}. DETAILS: Looking for further upside into wave {v} as we seem to have successfully broken the previous Elliott Wave triangle in wave {iv} and we seem to be finding support on 600$. Source : TradingLounge.com get trial here! Technical Analyst : Alessio Barretta LLY Elliott Wave Analysis Trading Lounge 4Hr Chart, 31 January 24 Eli Lilly & Co.,( LLY) 4Hr Chart LLY Elliott Wave Technical Analysis FUNCTION: Trend MODE: Correction STRUCTURE: Wave (ii) of {v}. POSITION: Wave b of (ii). DIRECTION: Downside into wave c of (ii). DETAI

AUDJPY Elliott Wave Analysis Trading Lounge Day Chart,31 January 24 Australian Dollar / Japanese Yen(AUDJPY) Day Chart AUDJPY Elliott Wave Technical Analysis FUNCTION: Counter Trend MODE: impulsive STRUCTURE : Blue wave 3 of C POSITION:  Red wave B DIRECTION NEXT HIGHER DEGREES: blue wave 4 of C DETAILS :blue wave 2 looking completed  .Now blue wave 3 of wave C is in play . Wave Cancel invalid level: 97.938 The "AUDJPY Elliott Wave Analysis Trading Lounge Day Chart" dated 31 January 24, provides a detailed analysis of the Australian Dollar/Japanese Yen (AUDJPY) currency pair, focusing on the daily chart and employing Elliott Wave Technical Analysis. The identified "FUNCTION" is "Counter Trend," indicating that the analysis is centered around identifying potential movements agains

AUDJPY Elliott Wave Analysis Trading Lounge 4 Hour  Chart,31 January 24 Australian Dollar / Japanese Yen(AUDJPY) 4 Hour Chart AUDJPY Elliott Wave Technical Analysis FUNCTION: Counter Trend MODE: impulsive STRUCTURE : red wave 3 of blue wave 3 POSITION:  black wave C DIRECTION NEXT HIGHER DEGREES: red wave 4 of 3 DETAILS :red wave 2 of blue wave 3 looking completed at 97.704 .Now red wave 3 of blue wave 3 is in play . Wave Cancel invalid level: 97.938 The "AUDJPY Elliott Wave Analysis Trading Lounge 4 Hour Chart" dated 31 January 24, offers a comprehensive analysis of the Australian Dollar/Japanese Yen (AUDJPY) currency pair, focusing on the 4-hour chart and utilizing Elliott Wave Technical Analysis. The identified "FUNCTION" is "Counter Trend," suggesting that the analysis is foc

Elliott Wave Analysis TradingLounge Daily Chart, 31 January 24, Polkadot / U.S. dollar(DOTUSD) DOTUSD Elliott Wave Technical Analysis Function: Counter Trend Mode: Corrective Structure: Zigzag Position: Wave C Direction Next higher Degrees: wave (II) of Impulse Wave Cancel invalid level: 3.566 Details: Wave (II) maybe is complete at 5.992 level and the price increase again in Wave (III) Polkadot / U.S. dollar(DOTUSD)Trading Strategy: Wave II correction appears to have ended at the 5.992 level and prices are entering an uptrend in Wave III, looking for an entry opportunity. Join the trend again in an upward direction. Polkadot / U.S. dollar(DOTUSD)Technical Indicators: The price is Above the MA200 indicating an uptrend, Wave Oscillators a bullish Momentum. TradingLounge Analyst: Kittiampon

KO Elliott Wave Analysis Trading Lounge Daily Chart, 30 January 24 The Coca-Cola Company, (KO) Daily Chart KO Elliott Wave Technical Analysis FUNCTION: Trend MODE: Impulse STRUCTURE: Wave 3 of (1). POSITION: Minor wave 3 of Intermediate (3).   DIRECTION: Upside into wave 3. DETAILS: Looking for further upside into wave 3 as we seem to have completed a three wave move into Primary wave 2. Technical Analyst : Alessio Barretta Source : Tradinglounge.com get trial here! KO Elliott Wave Analysis Trading Lounge 4Hr Chart, 30 January 24 The Coca-Cola Company,(KO) 4Hr Chart KO Elliott Wave Technical Analysis FUNCTION: Trend MODE: Impulse STRUCTURE: Wave {ii} of 3. POSITION: Minute wave {iii} of 3. DIRECTION: Upside into wave {iii}. DETAILS: Looking for upside into wave {iii}, and we’ll be loo

GBPUSD Elliott Wave Analysis Trading Lounge Day Chart, 30 January 24 British Pound/U.S.Dollar (GBPUSD) Day Chart GBPUSD Elliott Wave Technical Analysis FUNCTION: Trend MODE: Corrective STRUCTURE: blue wave 4 of 1 POSITION:  Red wave 3/C DIRECTION NEXT HIGHER DEGREES : blue wave 5 of 1 DETAILS: blue wave 4 of black wave 1 still is in play as sideways  . Wave Cancel invalid level:  1.25996 The "GBPUSD Elliott Wave Analysis Trading Lounge Day Chart" dated 30 January 24, provides a detailed analysis of the British Pound/U.S. Dollar (GBPUSD) currency pair, focusing on the daily chart and utilizing Elliott Wave Technical Analysis. The identified "FUNCTION" is "Trend," indicating that the analysis aims to discern potential movements in the direction of the overarching trend. This s

GBPUSD Elliott Wave Analysis Trading Lounge 4 Hour Chart, 30 January 24 British Pound/U.S.Dollar (GBPUSD) 4 Hour Chart GBPUSD Elliott Wave Technical Analysis FUNCTION: Trend MODE: Corrective STRUCTURE: blue wave 4 of 1 POSITION:  Red wave 3/C DIRECTION NEXT HIGHER DEGREES : blue wave 5 of 1 DETAILS: blue wave 4 of black wave 1 still is in play as sideways  . Wave Cancel invalid level:  1.25996 The "GBPUSD Elliott Wave Analysis Trading Lounge 4 Hour Chart" dated 30 January 24, provides a comprehensive analysis of the British Pound/U.S. Dollar (GBPUSD) currency pair, focusing on the 4-hour chart and utilizing Elliott Wave Technical Analysis. The "FUNCTION" is identified as "Trend," indicating that the analysis is geared toward identifying potential movements in the direction o

Elliott Wave Analysis TradingLounge Daily Chart, 30 January 24, NEO / U.S. dollar(NEOUSD) NEOUSD Elliott Wave Technical Analysis Function: Counter Trend Mode: Corrective Structure: Flat Position: Wave C Direction Next higher Degrees: Wave (2) of Impulse Wave Cancel invalid Level: 6.49 Details: Retracement of wave ((2)) usually .50 or .618 x Length wave ((1)) NEO / U.S. dollar(NEOUSD)Trading Strategy: The correction of wave(2) is likely to end at the 9.89 level and the five-wave increase. will help support this idea. So look for opportunities to open trades on the uptrend. NEO / U.S. dollar(NEOUSD)Technical Indicators: The price is Above the MA200 indicating an uptrend, Wave Oscillators a bullish Momentum. TradingLounge Analyst: Kittiampon Somboonsod, CEWA Source : Trading lounge.com get

MCD Elliott Wave Analysis Trading Lounge Daily Chart, 29 January 24 McDonald’s Corp.,(MCD) Daily Chart MCD Elliott Wave Technical Analysis FUNCTION: Trend MODE: Impulse STRUCTURE: Wave (c) of {ii} POSITION: Minute(Blue) wave {ii} DIRECTION: Higher degree Minor wave 5.   DETAILS: Looking for further upside into wave 5, knowing we could already have topped, which is why we are waiting for upside confirmation. Source : Tradinglounge.com get trial here! MCD Elliott Wave Analysis Trading Lounge 4Hr Chart, 29 January 24 McDonald’s Corp.,(MCD) 4Hr Chart MCD Elliott Wave Technical Analysis FUNCTION: Trend MODE: Impulse STRUCTURE: Wave v of (c). POSITION: Sub minuette wave v of (c).   DIRECTION: Higher degree wave {ii}. DETAILS: We need to break north of the green line with a break of pre

USDJPY Elliott Wave Analysis Trading Lounge Day  Chart, 29 January 24 U.S.Dollar/Japanese Yen (USDJPY) Day Chart USDJPY Elliott Wave Technical Analysis FUNCTION:  Counter Trend MODE: Corrective STRUCTURE:blue wave A of Y POSITION: Red wave C DIRECTION NEXTt LOWER DEGREES: blue wave A of wave Y(started) DETAILS:blue wave C of black wave X looking completed at 148.810.  Now blue wave A of Y is in play . Wave Cancel invalid level: 151.961 The "USDJPY Elliott Wave Analysis Trading Lounge Day Chart" dated 29 January 24, presents a detailed examination of the U.S. Dollar/Japanese Yen (USDJPY) currency pair, focusing on the daily chart and employing Elliott Wave Technical Analysis. The "FUNCTION" is specified as "Counter Trend," indicating that the analysis is oriented toward ident

USDJPY Elliott Wave Analysis Trading Lounge 4 Hour  Chart, 29 January 24 U.S.Dollar/Japanese Yen (USDJPY) 4 Hour Chart USDJPY Elliott Wave Technical Analysis FUNCTION:  Counter Trend MODE: Corrective STRUCTURE:blue wave A of Y POSITION: Red wave C DIRECTION NEXTt LOWER DEGREES: blue wave A of wave Y(started) DETAILS:blue wave C of black wave X looking completed at 148.810.  Now blue wave A of Y is in play . Wave Cancel invalid level: 151.961 The "USDJPY Elliott Wave Analysis Trading Lounge 4 Hour Chart" dated 29 January 24, provides a comprehensive examination of the U.S. Dollar/Japanese Yen (USDJPY) currency pair through the lens of Elliott Wave Technical Analysis. The "FUNCTION" is identified as "Counter Trend," indicating a focus on potential corrective movements against

Johnson & Johnson, Elliott Wave Technical Analysis Johnson & Johnson, (JNJ:NYSE): 4h Chart, 26 January 24 JNJ Stock Market Analysis: Looking for upside into wave 3 as we seem to have a three wave move into wave 2. Looking for a break of wave {b} to have additional confirmation.   JNJ Elliott Wave Count: Wave {c} of 2.   JNJ Technical Indicators: Between 20EMA and 200EMA, volume increasing while price moves higher.   JNJ Trading Strategy: Looking for a break of {b} of 2 to enter long.   TradingLounge Analyst: Alessio Barretta Source : Tradinglounge.com get trial here! Johnson & Johnson, JNJ: 1-hour Chart, 26 January 24 Johnson & Johnson, Elliott Wave Technical Analysis JNJ Stock Market Analysis: Looking for additional upside into wave (iii) of {i}, there

USD/CAD Elliott Wave Analysis Trading Lounge Day Chart, 26 January 24U.S.Dollar /Canadian Dollar(USD/CAD) Day ChartUSD/CAD Elliott Wave Technical AnalysisFUNCTION:   Counter TrendMODE: impulsive  STRUCTURE: Elliot wave 5 of CPOSITION: black wave CDIRECTION NEXT LOWER DEGREES :blue wave 5 (started)DETAILS: blue  wave 4 looking  completed at 1.35428 . Now blue wave 5 of C is in play . Wave Cancel invalid level:1.35349The "USD/CAD Elliott Wave Analysis Trading Lounge Day Chart" for 26 January 24, delves into the technical analysis of the U.S. Dollar/Canadian Dollar (USD/CAD) currency pair using the Elliott Wave theory, a methodology widely employed for forecasting market trends.The analysis categorizes the market's "Function" as "Counter Trend," implying that the focu

USD/CAD Elliott Wave Analysis Trading Lounge 4 Hour  Chart, 26 January 24U.S.Dollar /Canadian Dollar(USD/CAD) 4 Hour ChartUSD/CAD Elliott Wave Technical AnalysisFUNCTION:   Counter TrendMODE: impulsive  STRUCTURE: Elliot wave 5 of CPOSITION: black wave CDIRECTION NEXT LOWER DEGREES :blue wave 5 (started)  DETAILS: blue  wave 4 looking  completed at 1.35428 . Now blue wave 5 of C is in play . Wave Cancel invalid level:1.35349The "USD/CAD Elliott Wave Analysis Trading Lounge 4 Hour Chart" for 26 January 24, provides a detailed analysis of the U.S. Dollar/Canadian Dollar (USD/CAD) currency pair using Elliott Wave theory, a popular tool in technical analysis.The specified "Function" is identified as "Counter Trend," indicating that the analysis is focused on poten

Elliott Wave Analysis TradingLounge Daily Chart, 26 January 24, VeChain / U.S. dollar(VETUSD) VETUSD Elliott Wave Technical Analysis Function: Counter trend Mode: Corrective Structure: Zigzag Position: Wave (A) Direction Next higher Degrees: wave ((4)) of Impulse Wave Cancel invalid Level: 0.2100 Details: Wave 4 Usually Throwback between 38.2-50% of wave 3 VeChain / U.S. dollar(VETUSD)Trading Strategy: We are looking for a green correction of wave ((4)) which will most likely retrace to 38.2% or 50% of wave ((3)) and a possible end of wave ((4)). Level 0.0250 The five-wave increase from the level 0.0250 supports this idea. VeChain / U.S. dollar(VETUSD)Technical Indicators: The price is Above the MA200 indicating an uptrend, Wave Oscillators a bullish Momentum. TradingLounge Analyst: Kit

McDonald’s Corp., Elliott Wave Technical AnalysisMcDonald’s Corp.,  (MCD:NYSE): 4h Chart, 25 January 24MCD Stock Market Analysis: In the previous McDonald’s update we were looking for further upside into Minor wave 5. As of today, as we are trading at ATH, we could either had a short wave 5 and have topped at 300$, or else we are making a wave {ii} of 5 to then continue higher.  MCD Elliott Wave Count: Wave {ii} of 5.  MCD Technical Indicators: Above all averages.  MCD Trading Strategy: Looking for longs after a break of (b) of {ii}.TradingLounge Analyst: Alessio BarrettaMcDonald’s Corp., MCD: 1-hour Chart, 25 January 24McDonald’s Corp., Elliott Wave Technical Analysis MCD Stock Market Analysis: Here a closer look at the possibility of having a three wave move in wave {

$NZDUSD Elliott Wave Analysis Trading Lounge Day  Chart, 25 January 24 New Zealand Dollar/U.S.Dollar (NZDUSD) Day Chart NZDUSD Elliott Wave Technical Analysis Function: Trend Mode: impulsive Structure: blue wave 5 of 1 Position: Red wave 3 Direction Next Lower Degrees:black wave 2 Details; blue wave 4 of black wave 1 looking completed at 0.60622 , now blue wave 5 of 1 is in play . Wave Cancel invalid level: 0.60053 The "NZDUSD Elliott Wave Analysis Trading Lounge Day Chart" for 25 January 24, provides a comprehensive analysis of the New Zealand Dollar/U.S. Dollar (NZDUSD) currency pair using Elliott Wave theory, a prominent technical analysis tool. The specified "Function" is to identify the prevailing "Trend." The emphasis on trend analysis aligns with the goal of traders to understa

$NZDUSD Elliott Wave Analysis Trading Lounge 4 Hour  Chart, 25 January 24New Zealand Dollar/U.S.Dollar (NZDUSD) 4 Hour ChartNZDUSD Elliott Wave Technical AnalysisFunction: TrendMode: impulsiveStructure: blue wave 5 of 1Position: Red wave 3Direction Next Higher Degrees:Blue wave 5 of 1(started)Details; blue wave 4 of black wave 1 looking completed at 0.60622 , now blue wave 5 of 1 is in play . Wave Cancel invalid level: 0.60053The "NZDUSD Elliott Wave Analysis Trading Lounge 4 Hour Chart" for 25 January 24, provides an in-depth examination of the New Zealand Dollar/U.S. Dollar (NZDUSD) currency pair using the Elliott Wave theory, a popular tool in technical analysis.The stated "Function" is to identify the prevailing "Trend," with a focus on understanding and leveraging the current dir

Elliott Wave Analysis TradingLounge Daily Chart, 25 January 24,Polkadot / U.S. dollar(DOTUSD)DOTUSD Elliott Wave Technical AnalysisFunction: Counter TrendMode: CorrectiveStructure: ZigzagPosition: Wave ADirection Next higher Degrees: wave (II) of ImpulseWave Cancel invalid level: 3.566Details: Wave (II) is Equal to 61.8% of wave (I) at 5.826Polkadot / U.S. dollar(DOTUSD)Trading Strategy: Polkadot's rise appears to have ended at the 9.585 level, which was a five-wave Impulse rally in Wave 1. Therefore, the next price structure is a Wave 2 correction pattern with a retracement level of 61.8. % Wave 1, so wait for Wave 2 to complete for an opportunity to rejoin the uptrend.Polkadot / U.S. dollar(DOTUSD)Technical Indicators: The price is Above the MA200 indicating an uptrend, Wave Oscillators