AriasWave

AriasWave

The bullish scenario here is the same as the Dow and Nasdaq. The ASX is not as big but the same waves apply in this instant. If we are in Green Wave 3 of Wave (C) then a break of the magenta line would be confirmation. Entry: 5937 Target: 6463 Stop: 5634

AriasWave

If Wave C Ended in March then we are in a D Wave. A break of the Magenta line will confirm the breakout. Target: 28,867 Stop: 25,000 Being is right is cool but I also want to make you money so be aware of this scenario. Please LIKE and FOLLOW to get notification of updates and future posts.

AriasWave

Wave E is an ending diagonal which gives the entire correction away even if it was trying to trick us all. Short this market when it hits the green line if you're an aggressive trader. If you are a conservative trader with a bit more capital to risk then wait for a break of the magenta line. Please LIKE and FOLLOW to get notification of updates and future posts.

AriasWave Updated 

This is a wave revision of the complex A Wave and ensuing correction in Blue Wave 2. It is believed that we are now in Green Wave 3. I will post further ideas shortly for this developing move. Please LIKE and FOLLOW to get notification of updates and future posts.

AriasWave

Just an update on a previous idea, see below. Every wave in EURJPY is pretty choppy but it is readable due to market participation. This Green Wave 2 looks done and at an important retracement so I expect Green Wave 3 to start from here. A break of the magenta line should confirm wave E is over. I will post an update once we see a break of this level. Please...

AriasWave

Well it certainly looks like a zig zag and correction forming in Wave 5 so I would say yes. If you think this is the beginning of a new trend then an ending diagonal probably shouldn't be here right? Your expectations may be met with resistance. Pun intended. Trend Analysis: This 5 Wave Structure looks extremely corrective. If it was an impulse wave then...

AriasWave

See related ideas below to see how we got here. So compared to the (A) of this Zig Zag the (C) is behaving like an obese lethargic dog climbing up the staircase. Trend Analysis: Blue Wave 1 was a leading diagonal because this (C) wave just doesn't have the same strength Wave (A) did, notice how Wave (A) was sharp and direct. This is great evidence that...

AriasWave

The whole reason why I have been constantly updating my wave count for maximum safety and peace of mind. Wave E did not break or touch the start of Wave 1. I was never stopped out even though my stop was exactly on 1738.666. I perhaps should of had my stop a bit higher but this Wave E was a bit crazy anyway no problem I am still in. I hold firm that Green Wave...

AriasWave

Blue Wave 5 of Wave C of Larger Wave 2 Now In Progress - Follow these waves precisely if you want to short. This is not a short trade idea, this is analysis that will lead to me posting a short trade idea when the time comes, be patient. See my related ideas below to see how we got here. It looks like Blue Wave 4 just finished so now we are going to make one...

AriasWave

Just getting every single wave perfectly identified helps with creating confidence in your trades. We are almost finished correcting in the E Wave in Green Wave 2. I have moved my stop further back up to 1738.666 for safety in case of any weird Wave E price action. Good Luck! Please LIKE and FOLLOW to get notification of updates and future posts.

AriasWave

It's important to note that I get my confidence from the larger wave count. The waves are pretty amazing when you really get into the characteristics of each correction. For example the previous wave E is a critical component of this analysis but the waves that came before that E wave are even more intriguing. A deep retracement in green Wave 2 found...

AriasWave

Still bearish nothing has changed apart from the wave count. As you can appreciate these minor waves are really difficult to read due to how choppy they are. I have changed my stop to 1729.512 anything above that would invalidate the move and I would be out for now. Looking into the green Wave 2 correction I am allowing it to go as far as 1724.253 due to the E...

AriasWave

See my previous related Ideas, we have been expecting a move higher in Wave (C) Green Wave ii should find support on the magenta line before moving higher. The weak recovery in green Wave i was a leading diagonal and that's probably due to the market running out of puff due to so many movements lately. We should start to see movement shortly after a retest of...

AriasWave

This is based on a related idea (see below), just in case you are thinking of trading based on that idea. So you want to trade the (C) OK but do it as close to the red line as possible or wait for an update. Remember this is a (C) down in a still upward trend so don't expect it to be quick and sharp. The mini C wave within the blue wave ii correction should go...

AriasWave

Gold waves are playing out as expected. I thought I would give an update due to slow price action. Right after green wave 2 ended a leading diagonal started forming and I now see a completed blue i and ii. It looks like blue wave i and ii is in preparation for blue iii to cut through some key support levels from previous move up. The previous move up in early...

AriasWave

When the waves don't fit your analysis go back and look at the correction properly. Wave 4 of this Wave C is not over yet. Wave D is a drawn out part of the correction and no doubt this will fool many. (No its not an ending diagonal.) I said in the previous idea that getting in too early is risky but now it's become clear what we can expect next. The rule...

AriasWave Updated 

A break of the Magenta line will confirm Wave 3 under way for EURUSD in C Wave - See related idea. A very interesting pattern indeed, it had my stumped for a little while. When you learn the waves you know every wave is always accounted for no matter what! Please LIKE and FOLLOW to get notification of updates and future posts.

AriasWave

Target Reached. See - Previous related ideas. - Let's look for the signs of a reversal. Trading the Primary Reversal Level is riskier than trading Secondary Reversal Level so it depends on your risk appetite. I will post another update when the Secondary Reversal Level is broken. When trading a reversal level place the stop above the end of Wave C. Good...