NEO Elliott Wave technical analysis [Video]

NEO/USD Elliott Wave technical analysisFunction: Counter Trend.Mode: Corrective.Structure: Double Corrective.Position: Wave Y.Direction Next higher Degrees: Wave (II) of Impulse.Wave Cancel invalid Level: 9.85.Details: Wave (II) is likely to have ended and prices are resuming the uptrend.Neo / U.S. dollar (NEOUSD) Trading Strategy: It looks like the wave 2 correction is complete and the price is still likely to move up.

Look for an opportunity to join the wave 3 uptrend.Neo / U.S. dollar (NEOUSD) Technical Indicators: The price is below the MA200 indicating a downtrend, The Wave Oscillator is a Bearish Momentum.NEO/USD Elliott Wave technical analysisFunction: Counter TrendMode: CorrectiveStructure: Double CorrectivePosition: Wave YDirection Next higher Degrees: Wave (II) of ImpulseWave Cancel invalid Level: 9.85Details: Wave (II) is likely to have ended and prices are resuming the uptrend.Neo / U.S. dollar(NEOUSD)Trading Strategy: It looks like the wave 2 correction is complete and the price is still likely to move up. Look for an opportunity to join the wave 3 uptrend.Neo / U.S. dollar(NEOUSD)Technical Indicators: The price is below the MA200 indicating a downtrend, The Wave Oscillator is a Bearish Momentum.NEO Elliott Wave technical analysis [Video]