AriasWave

AriasWave Updated 

This thing looks like it is setting itself up for an extended move. No other wave structure produces these subdivisions. *In AriasWave there is no such thing as a double zig zag or a combination, these things are just illusions. Please LIKE and FOLLOW to get notification of updates and future posts.

AriasWave

As expected the US dollar has ramped up and broken above the leading diagonal and is displaying 3rd wave price action. See my related ideas and you will see how closely I have been tracking this. This is only getting started we are in for a massive move here. My next update will be when we hit 103.00 Please LIKE and FOLLOW to get notification of updates...

AriasWave

This one wasn't as easy to crack but I think it looks impulsive now. On my previous idea I eluded to this complex 1-2 1-2 structure and it looks right. I will track this as we make progress. Please LIKE and FOLLOW to get notification of updates and future posts.

AriasWave

Get a nice tight stop on this green wave ii double top. We should start seeing some action in the markets today. Check out my previous ideas on this leading up to now. Please LIKE and FOLLOW to get notification of updates and future posts.

AriasWave

As I mentioned in my previous I idea USD has a a slightly different wave structure going on than the Euro. See, related posts. I am expecting the US Dollar to get extremely strong in a Major Wave 3. Stay tuned, more in depth analysis on the way once we break the highs. Please LIKE and FOLLOW to get notification of updates and future posts.

AriasWave

So similar to the Euro and everything against the USD it's likely in wave iii down territory. So here I clearly marked what ended up being an ending diagonal before it broke out of the channel. Either way it never made a new high. the previous wave iv of the ending diagonal has also been broken. If you would of taken advantage of my previous post indicating...

AriasWave

So as I mentioned in my previous ideas we are about to see a major decline in the Euro. A break below 1.07658 will confirm that the wave iii trend is fully in progress. Ideally you will already be in this trade and will be holding onto it. If not you may be playing it safe and waiting for more confirmation. This is a 3rd of a 3rd of a 3rd of 3rd wave that we...

AriasWave Updated 

Some interesting price action overnight. The wave structure of the USD vs the Euro is slightly different as it turns out. The whole move up since the start of May looks like a leading diagonal. As opposed to Euro's 1-2 1-2 combination since the start of May. Leading diagonals often have deep retracements compared to regular impulsive waves. The Euro has not...

AriasWave

After the breakout we had a retest of the descending trend-line and now I am expecting this to continue higher min wave iii. Still looking for a break above 1.28. I am tracking the Bond Yield because of the ramifications it will have on global interest rates. I am expecting Interest Rate s to start making their way up to 20%+ Please LIKE and FOLLOW to...

AriasWave

Now that we are seeing an impulsive move down and no new high was made I can see wave 3 price action. Get ready for a big decline. Please LIKE and FOLLOW to get notification of updates and future posts.

AriasWave

Sometimes waves make sense but look distorted especially during these times. Sometimes I look at the market in different ways to build a picture but only when it matches the waves. In this case we have a head and shoulders pattern as no new high was made. STOP LEVEL: 1.26476 or higher. Please LIKE and FOLLOW to get notification of updates and future posts.

AriasWave

The Pound is about to experience a sharp decline. The 1-2 1-2 pattern combination is in place. Please LIKE and FOLLOW to get notification of updates and future posts.

AriasWave

This latest 5 wave move is the end of an expanded wave 2 correction in the beginning of a major decline in wave C. This will not make a new all time high. Elliotticians will mistakenly call this a truncated 5th wave. If you plan on shorting this then place your stop above 9757. Please LIKE and FOLLOW to get notification of updates and future posts.

AriasWave

As I mentioned in my previous idea, the Euro is operating on a different wave structure (in this moment) than the USD. My reasoning for this is that the Euro is displaying extreme weakness given the expanded wave ii correction. The USD is also affected by this weakness because its is made up of 57.6% Euro hence the leading diagonal. After touching the 50%...

AriasWave

If you were looking for a tight stop here is the spot. Stop above 0.65709 Please LIKE and FOLLOW to get notification of updates and future posts.

AriasWave

Just an idea on how this last move will play out. It looks like the original ending diagonal idea was right however it's a stretched out one. (Not of the contracting kind.) Also formed a triangle which some think is an ending pattern also. I think it will retest the break out before creating the last (C) wave and then should come a reaction. The reaction needs...

AriasWave

This latest wave up in the Euro looks like the end of a green wave ii correction. A break below 1.07658 should confirm this. Please LIKE and FOLLOW to get notification of updates and future posts.

AriasWave

Price action indicates on more final thrust higher. It broke up against a perceived wave ii which indicates more upside. This might be trying to reach the original $1800 level.