AriasWave

AriasWave Updated 

This is an update for the related ideas below. Just giving another update on these minor waves which are hard to get right on smaller degree moves. The move down we just completed was the end of D wave now we are looking for the last E Wave. E Wave is the fake out wave so the sharper it goes up the quicker it turns around so watch for a break of the magenta...

AriasWave Updated 

This E Wave does not fit the criteria for a completed E Wave. See below for my related idea to get the complete picture. I would be surprised if this broke the magenta line. If it does OK but it hasn't. I don't see a 5 Wave E wave and I don't see a completed ending diagonal, this thing wants to take you for a ride. Let's pay close attention to how this plays...

AriasWave

It's important to adjust the wave count as they progress in order to prevent issues moving forward. When the waves don't make sense there is no point trying to make them fit into something it's not. Let's look for a completed Wave D before we see the start of Wave E for this triangle. Please LIKE and FOLLOW to get notification of updates and future posts.

AriasWave Updated 

This minor wave update is part of the related Gold Short Trade Setup idea, see below. These developing waves all fit the bearish view nicely. A break of the magenta line will signify the start of a green Wave 3 down. Monday\Tuesday waves are generally pretty slow to start the week but we should see some action shortly. Please LIKE and FOLLOW to get...

AriasWave

Still looks like an ending diagonal and its heading back towards the previous Wave iv of Wave 1 which is a common retracement level. Wave iv of this ending diagonal E Wave took the shape of a triangle which means this last move is weak and will be the final move in Wave 2. Looking towards the SELL ZONE I would say this could result in a blow off top around the...

AriasWave

This minor wave update is part of my previous idea on the Dow Jones, see below. This C wave is almost done we just need Wave 5 to complete and then see a sharp reversal. A break of the end of Wave 4 (which is the E wave of Wave 4) will signify a reversal is in progress. Wave 4: 24291 would be a good entry point or you can wait for a pullback. Stop would be...

AriasWave

I have decided to invest some time into the Bitcoin pattern because I see so many ridiculous ideas out there. I see more people dedicated to showing you their colorful vibrant charts instead of trying to give you insight into what the market is actually going to do next. I have not changed my bearish view but there are some slight changes which reveal some big...

AriasWave Updated 

Now that we have had a good 50% pull back we have a chance to short this market back to the lows. All the details are on the chart. Stop: $1765.575 Target: $1455.550

AriasWave

I have changed my wave count on this because my previous count just wasn't making sense. We are almost at the end of this mini C Wave. I consider D Waves to be breakout waves within expanded corrections and given the pressure that's building up in this market I would say this seems likely. An E Wave would likely come back to test new resistance before we see...

AriasWave Updated 

So let's break it down. Wave 1 marked in green consists of nice and clear impulsive price action. Wave 2 on the other hand is a spaghetti mess of corrective gumbo. So I have made sense of this correction and broken it down into 5 waves A-B-C-D-E We are now in the last phase of this correction and it looks like this is an ending diagonal Wave E . I have...

AriasWave

So if you saw my previous AUDUSD idea I laid out the large gumbo correction Wave 2 since 2015, if not see below. Upon further inspection this Wave E does not look like an ending diagonal instead it looks like a basic 5 wave structure. I need to be careful with the use of the term ending diagonal because to a hammer everything looks like a nail. Wave 2 is...

AriasWave

So what looks like it could be a leading diagonal (a) wave followed by what appears to be a triangle (b) wave, we shall wait for D and E waves to finish before assuming a short position. That gap needs closing and a thrust from a triangle should assist with that. Let's keep an eye on this one. Please LIKE and FOLLOW to get notification of updates and future posts.

AriasWave

OK So with a lack of a reversal and the sharp nature of this current wave it looks like this thing is carving out a zig zag in wave 2. With a break of the magenta line we can assume this is a short term move back towards the highs in wave (c). Go long at the break or wait for a pullback, this doesn't have much upside but at least its something of a clue as to...

AriasWave

So back to my original ending diagonal idea. This made that last Wave v needed to complete the ending diagonal. Has Wave 3 begun? Probably but a break of the Magenta line will confirm this. If this is Wave 3 down in a major C wave then we should see this sharply lower sooner rather than later. Please LIKE and FOLLOW to get notification of updates and future posts.

AriasWave

If you have been following my ideas on Gold we are exactly where we want to be in order to sell this market. So this is an ending diagonal. The last move was a weak thrust out of a (B) Wave triangle of a wave v zig zag. This thing has nothing left in it. Short position with a stop above the last high and look at my related ideas. Please LIKE and FOLLOW to...

AriasWave

The corrective price action within this move has been tricky to say the least. The last wave up even though it looks sharp each impulsive wave up has subdivided into 3 waves. This looks like the final wave in a correction before the thrust in the opposite direction begins. Please LIKE and FOLLOW to get notification of updates and future posts.

AriasWave

Looks like we are in Wave 2 of Green Wave 3 so I expect a correction to the previous Wave iv of Green Wave 1. Once This Green Wave 2 correction is complete we should see a steep decline in a 3rd of a 3rd wave. I will post an update once we see that pull back get closer to 119.032. Please LIKE and FOLLOW to get notification of updates and future posts.

AriasWave

Just a revision to the first US Dollar Birds Eye View idea. Blue Wave 2 completed as a sharp correction in 2018. This is why corrective waves are so important because they give you the clues you need to make that kind of assumption. AriasWave was created based on an obsession with corrective waves because they are of critical importance. Green Wave 2 was an...