AriasWave

AW Aussie Dollar Analysis - This Next Move is Important...

Long
FX:AUDUSD   Australian Dollar / U.S. Dollar
One may assume that these patterns unfolding are just a bunch of zig-zags on the chart and nothing more.

According to AriasWave these are not zig-zags and in this video I explain why.

Zig-zag patterns from in a particular way which is not what is happening here.

What we have been seeing here is corrections expanding making them look like zig-zags.

This is the key to the understanding the whole setup.

I do however see volatility increasing which indicates strength ahead once we break through the important levels.

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.

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