USDTHB H4 Forex Chart 9/8/2023, 7:47:07(UTC+7)

U.S. Dollar / Thai Baht

Elliott Wave Analysis

Function: Counter Trend

Mode: Corrective

Structure: Triangle

Position: Wave ((D))

Direction Next higher Degrees: Wave b of Zigzag

Wave Cancel invalid level: 33.752

Elliott wave Forecast

• The rise from the 33.752 level has the nature of a correction, so we continue to expect the correction of wave b is not yet completed.

Kittiampom Somboonsod, CEWA