Now that we have a potential Wave 3 in progress, it is a good time to talk about the bigger picture including targets.
Using AriasWave (Not Elliott Wave), I have an understanding of what comes next.
The thing I always tell myself is; If you don't know when to get out of a trade, don't get in.
Targets are very important and can only be confidently achieved if...
A good question posted by a viewer leads the topic of conversation in this first weekly long trade wrap up video.
I think moving forward things should become clearer.
There is an old saying that finding the start of Wave 3 is the hardest thing to do.
Of course, I do not believe that myself since creating AriasWave but I do think a lot of people still think it...
Price action is really starting to prove itself now on the back of my recent US Dollar analysis.
I believe that the Aussie dollar will advance at a very significant pace during this move compared to other currencies.
The plan for this trade will be purely for Wave 3 price action.
The target will be the 2.618 extension of Wave 1 which is around 1.15.
It's...
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...
As the Aussie dollar continues to prove itself within the patterns, we should now anticipate a third-of-a-third wave.
All of the 1-2 subdivisions appear to be in place for us to see the expected move higher.
We just need to see a couple of levels surpassed before we have full confirmation.
Through this time, we also need to see price move up in a very strong...
This video is a recap of the long trade setup that I alluded to a few days ago.
So far price action at the small degree points to higher prices over the coming week and beyond.
I will begin to focus on potential targets as we get confirmation with a strong break of .69 cents.
My stop at this point remains at .66283 until we get that confirmation and then it can...
