AriasWave

AriasWave

Wave 2 is almost finished before we get a Wave 3 down. Silver has been weaker than gold and that should continue to be the case. If this was going to go higher than it never would of broken the 2015 low back in March this year. These waves are in line with the AriasWave pattern. A break below the Magenta line ($11.60) will confirm this ending pattern. Please...

AriasWave

If you think this is the start of a new trend you will likely be surprised if it happens to form a top and break down out of this channel. The first wave it made was a 3 wave pattern, I have clearly labelled this for you. These things matter when doing your analysis, don't ignore them! Please LIKE and FOLLOW to get notification of updates and future posts.

AriasWave

OK so yesterday I didn't pick the exact bottom of Support Level 3 but that's OK because I am still working with Support Level 2. You should never assume Support Level 3 is done until you have confirmation. For example the Waves marked with magenta lines are the same waves in the pattern, of course support level 3 needs to be confirmed by a break of this wave and...

AriasWave

So as you can see the last idea seemed to be pretty spot on but it's not over yet. We still have not hit our minimum expectation, I have lowered the expectation slightly due to the previous wave having gone slightly lower than expected. We are close though, in fact there could be a gap up on the open followed by a bearish counterattack candle. I would be...

AriasWave Updated 

Just an update on a previous idea on the USDCAD. I was looking for that elusive ending diagonal, as you can see the 5th wave did make that final lower low which is barely visible but its there. Good Luck! Please LIKE and FOLLOW to get notification of updates and future posts.

AriasWave Updated 

I LOVE FRACTAL PATTERNS!!! This is what I live for, This pattern repeats itself at all levels. If you learn this pattern you learn the markets. Go ahead look closely and I guarantee you will not be let down. Please LIKE and FOLLOW to get notification of updates and future posts.

AriasWave

If you think Bitcoin is going to rally higher because of money printing and this and that just forget it, your guessing. Wave 2 of Wave 3 is complete so now it is time for lower prices. See my related ideas, this thing is going way lower than you think. All this value talk along with this supply and demand talk is all non-sense. Fundamentals do not work...

AriasWave

I don't trade off these patterns but just wanted to highlight how these line up with the waves nicely. In fact knowing the waves amplifies the value of these patterns. Even if you put your stop under the right shoulder it still wont get stopped out. Please LIKE and FOLLOW to get notification of updates and future posts.

AriasWave Updated 

I consider this wave to be a very important one. Due to the fractal nature of waves this is a tricky one. On one hand the Euro has bullish potential and on the other its bearish. So I am currently in a 2 trades one that will stop out at each end of this 5 wave structure. I can talk until I am blue in the face about how bearish the current wave is but it will...

AriasWave Updated 

I only trade based off waves, see related ideas. I thought I would give you a clue, trade this head and shoulders for mega profits. Place your stop above the head. Neckline looks broken already. Please LIKE and FOLLOW to get notification of updates and future posts.

AriasWave Updated 

EURUSD Is starting to make more sense now after looking at it a billion times over the years. The thing that sheds light is understanding the dynamics of a sharp corrections like in the blue wave 2, this was a defining moment. Breaking below 1.07832 should confirm this but just thought I would give you my thoughts on this.

AriasWave Updated 

Had it mixed up before but now I think I have every wave accounted for. Let's see a break of the highs (103.01) to get real solid confirmation that this thing is about to go parabolic. It's been a crazy ride but it will pay off in the end. Please LIKE and FOLLOW to get notification of updates and future posts.

AriasWave

The Dow Jones is about to embark on a journey down the rabbit hole. No new high made because this is Wave 2. All I can say is that its going to be a rough ride for many. Hasta La Vista Please LIKE and FOLLOW to get notification of updates and future posts.

AriasWave

Further evidence that we are looking for USD strength. If the USD was going to decline it would of happened after the 5 waves up ended in 2016.

AriasWave Updated 

Ok so re-evaluating the euro there is enough evidence to suggest that we are now in a Wave 3 up in the Euro. As per my idea I posted right before this one we can take profit early or ride this out. I think I will ride it out. See previous idea for entry details. Once this 5 wave structure is over I will resume my bullish stance for the Euro. Please LIKE and ...

AriasWave Updated 

Impulsive price action looks like mini wave iii, going back to the highs for a double top? A break of 1.08581 indicates no further move down just yet. Stop: 1.08311 Target: 1.09294

AriasWave

I do believe Wave 3 Started at the beginning of May, just looking for confirmation. At this stage I think it is safe to count this as a simple 1-2. A break below the magenta line or 1.07835 will confirm wave iii is under way.

AriasWave Updated 

So the bounce back left behind a series of 3 waves down, enough to make a leading diagonal. Leading diagonal retracements are deep. Looking at a 61.8 or 78% pullback ahead of some news events later today. If you have counted 5 waves up from the magenta line then the wave 2 correction will be completed. Price action cannot go above 1.08750, so another...