AW Euro Dollar Analysis - Bigger Picture Changes Our Target...Another very timely discovery made at the larger degree indicates that this was a fake our wave since October 2022.
This provides us with more clues as to how low the Euro will drop and also explains the Bitcoin view.
Suddenly things are all lining up with an expected drop in the Stock Market, Cryptos and now the Euro.
I don't come to these conclusions all at one but instead I slowly come to these conclusions based on the evidence.
The leg lower should extend about the same distance as the move down from January 2021 to the recent low in October.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
***AriasWave is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***
Eurodollar
AW Euro Dollar Analysis - Short Trade Opportunity...Here is the chart for the video idea linked below.
We are trading Wave (C) of Wave A and targeting the .382 Fib retracement area.
Stop: 1.07737.
Target: 1.04614.
Entry: At Market (Agressive) or A break of 1.07086.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
***AriasWave is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***
AW Euro Dollar Analysis - Wave A of Wave II in Progress...If you look at Wave 1 and Wave 5 they are similar in length. Everything in between makes sense.
After a break from looking at this, it didn't take long to see this pattern for what it is once I looked again.
At the lows you can see the expansion that occurred in both Wave 2's therefore explaining the way this topped due to alternation in the Wave 4's at the highs.
It now looks like a complete 5-Wave Move which means we are not very far from seeing this trend continue higher.
The Euro will now correct in Wave II which could take a little while, but it also depends on whether or not this correction expands.
Seeing as though the Dow Jones, Oil and Bitcoin are expected to side lower it's probable that price remains within this range.
I will provide updates as I see the patterns evolve.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
***AriasWave is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***
EUR/USD Daily Chart Analysis For Week of February 10, 2023Technical Analysis and Outlook:
The Eurodollar this week continued a downward spiral retreat to the crime scene of Mean Sup 1.078 and Mean Sup 1.070 from our newly created Mean Res 1.099 as shown on EUR/USD Daily Chart Analysis For the Week of Feb 3. The leading target designations are Mean Sup 1.052 and Inner Currency Dip 1.046 - dead cat rebound is expected.
EURUSD 4H: 0/02/2023: Bull or ... ?!
As you can see, I am bullish on this chart, but now the price is in the demand zone that can push the price down.
So we expect the price to move higher from here or have a correction and then rise.
Don't forget that we need a low time frame confirmation to enter.
💡Wait for the update!
🗓️09/02/2023
🔎 DYOR
💌It is my honor to share your comments with me💌
EUR/USD strengthens after German inflation dataMARKET TALK
This mornings German consumer price index (CPI), the key indicator to measure German inflation, indicated that German inflation has increased from -1.2% to 0.5%, an increase month on month
Technical commentary:
EUR/USD traders seeking a potential short term (14-25 days) upside target could be eyeing the 1.105s (see chart), while short term downside risk remains below the 50 day moving average near 1.07032, if breached
opens up the 1.0614 support (38.2% retracement from the 13 week high).
Not investment advice. Past performance is not indicative of future results.
💁♂️EUR/USD 1H HI✌ As you can see, in the 1-hour time frame, the possible scenarios of EUR/USD are shown in the chart. In my opinion, in the long term, there is a possibility of further price correction to the range of 1.059/1.052.
❎ (DYOR)...⚠⚜
WHAT DO YOU THINK ABOUT THIS ANALYSIS? I will be glad to know your idea 🙂✌
IF you like my analysis please LIKE and comment 🙏✌
EURUSD ShortI’m looking to short this pair anywhere between 1.09-1.10. Realistically I’ll scale in as the price rises. If the price rises.
The recent price moves seem weak to me. The fact that it’s moving within a rudimentary ascending triangle in conjunction with a volume drop off is quite telling. Divergence between the price and indicators is quite stark and all this is just ahead of the big 1.10.
As such, and with the assumption there are no severe shocks in the fundamental data coming out, I’m looking to sell this pair.
Trade is active and I’ll be scaling in if the price rises; unless the fundamental picture changes considerably.
As always, this is not a full analysis or breakdown, just a brief summary. Moreover, this is just my opinion and you should only enter a trade if your analysis favours the outcome. Opinions are just like ar5e holes, everyone’s got one and they most produce sh1t so trade with caution:)
AW Euro Dollar Analysis - Let's Clear Up The Euro Pattern...In this video I explain the slight changes in the wave count since last week.
Without AriasWave it would be near impossible to get it right.
From Here on out I can only see this move getting easier to read.
The reason I find it important to know as much as possible about what we see here is because of Cryptos.
The Euro is a gauge for when markets will inevitably finish their current corrections.
In reality there isn't much time left but at least we know it won't be next week or possibly even next month.
We could be looking at April, May, or June. Or later, depends.
Whatever the outcome, I will be keep tabs on this market along with XLM and XRP the whole way through.
In the meantime, it doesn't hurt to get on the AW team and learn the waves.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
***AriasWave is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***
EUR/USD Daily Chart Analysis For Week of February 3, 2023Technical Analysis and Outlook:
The Eurodollar pivoted from completing our newly created Mean Res 1.099 and is returning to the crime scene of Mean Sup 1.078 with possible additional downward movement to Mean Sup 1.070 - dead cat rebound is expected.
AW Euro Dollar - Short Trade Ahead of the NFPs...Don't worry about the target yet, let's see it this idea holds.
Price needs to stay below resistance in order for the Wave C down idea to prevail.
Stop: 1.09140
Target: TBA
Check out the video for this analysis below in related ideas.
Understanding the waves is more important than knowing that news causes volatility.
I guess we will find out if this is true shortly.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
***AriasWave is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***
P2P | Backtesting - EURO/USDWelcome ladies and gents to another backtesting segment! In this clip I wanted to show more of the knowledge I've been learning through ICT and how effective its been.
Here in this video I'm (doing my best) to go over trades, time of day, price action, and why I did or didn't take the trade.
(Note: these are just backtest trade concepts, I did not actually take the trades)
I'm usually looking to scalp the markets because I tend to be somewhat impatient but after I started getting more followers asking about certain pairs (that I didn't trade) I felt it was necessary to develop more of my weakness toward swing trading.
I don't necessarily have a weakness in trading, it's more of what I'm comfortable trading.
So here's a bit of insight to what I was seeing and some of the knowledge I picked up from a few ICT videos.
As always gang, happy trading, trade well, and lets run it up from 2023 til infinity!
You can help continue to grow the page by liking and following the channel, and if you get any value from this to boost it too!
DISCLAIMER
***This page is for educational purposes only and is not intended for any financial arise. I am not a financial advisor nor do I manage any other accounts for users. Any trades you take will be of your own doing and P2P will not be held responsible.***
AW Euro Dollar Analysis - Looking For Wave 2 To Begin...Similar to what is happening in the Aussie dollar it looks like we are preparing a new bull market in the Euro.
Expected end to this trend will be at around $2.30.
In order to prepare that we need to for a base within Wave 2 after seeing what appears to be a completed 5-Wave move.
That means that it is still early days, and we will be able trade within this corrective structure during that time.
Now it will be all about understanding where each wave begins and where each wave ends in order to generate some profits.
Check out the bigger picture analysis below.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
***AriasWave is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***
EUR/USD Daily Chart Analysis For Week of January 27, 2023Technical Analysis and Outlook:
The currency pivoted about our newly created Key Res 1.091 and is heading down to Mean Sup 1.078 with possible additional buster energy to Mean Sup 1.070 before reigniting upward action to the Outer Currency Rally $1.110 in the near future.
AW Euro & Aussie Dollar Analysis - This Changes Everything...In 2023 I will leave no stone unturned and if I am wrong, I will be the first to admit it.
When it comes to my previous ideas about the bigger picture, I was completely wrong.
In this video I explain my views of the bigger picture and what I believe is coming next for the Euro and Aussie Dollar.
I think it comes down to being able to switch between small and large degree analysis seamlessly.
All I had to do was look again at these long-term patterns and everything suddenly cleared up.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
***AriasWave is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***
AW Euro Dollar Long Trade Buy Setup Chart...Check out the explanation for this chart in the video linked below.
The expected risk\reward ratio at a minimum is 18:1
Entry: 1.09297.
Stop: 1.08518.
Target: 1.23436.
Things that invalidate this idea include: Price breaking support before the entry level is reached or if entry is reached and price reverts and breaks support.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
***AriasWave is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***