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Aussiedollar

EURAUD: Bullish Continuation Ahead! Your Plan: 🇪🇺🇦🇺 I spotted 2 important breakouts on EURAUD on a daily chart: first, the price broke and closed above a neckline of a triple bottom formation, then, the market violated a resistance line of a falling wedge pattern. We see the retest of broken structures now. I expect a bullish wave next week. Goals: 1.578 / 1.5915 ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
Long
by VasilyTrader
10
AW Weekly Wrap Up Video - The Phoenix Will Rise From The Ashes..In this video I talk about the progress made with the analysis in relation to all the major charts covered at this present time. I also talk about how they relates to the Dollar Milkshake theory and how we could be on the cusp of a sovereign debt crises. When global FIAT currencies start to collapse, central banks will need to continue hiking interest rates to bring inflation under control. This will lead to a wave of defaults which will destroy currency units which will eventually see those currencies bounce back. Of course, this will be painful for many and nothing to celebrate. It will also bring opportunity to those that have managed to invest in Gold and the US Dollar which will likely rise simultaneously during this time. As people flea into a safe haven of their choosing and whilst global markets and cryptos plunge, from the ashes will rise the phoenix. Check out all the important related ideas from the past week down below. 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.
TVC:DJI
by AriasWave
AUDUSD SHORT: Sell-Off In ImpulseAUDUSD is showing considerable weakness signs. The structure on the up-side since mid-December is Corrective. A sell-off in a big degree is expected. I am anticipating Intermediate (C) (red). My Aussie technicals: * Ending Diagonal in Intermediate (C) (white) * Elliott Wave Reversal Pattern * Upcoming Bearish Divergence * Running Flat in Minor B (white) * Double Top Pattern * Supply Zone * 161.8% Fibonacci Extension AUDRUSD SELL Signal: * Entry @ 0.69250 * SL @ 0.7100 * TP1 @ 0.6620 * TP2 @ 0.6455 * TP3 @ 0.6325 * Safety Measure: when in the green, moving SL to BE. * SELL Stops on the way down, after pull-backs. Many pips ahead! Richard, the Wave Jedi.
Short
by EW4X
7
AW Aussie Dollar Analysis - We Finally Have Confirmation...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 you understand how each wave operates. One question you may ask is: What if this Wave E subdivides into a Weak 5-Wave Move? The US Dollar indicates that once this move completes then it will be in a strong uptrend. This at least gives me a clue about nature of the kind of price action we will see. In saying that we will be tracking this very closely and looking for any potential signs of weakness along the way. Nothing is guaranteed but if you play your cards right, you can still pull a profit out of that situation if it happens. We are dealing with probabilities, not certainties. 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.
Long
by AriasWave
1
AW Aussie Dollar Analysis - Weekly Long Trade Wrap Up...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 is true. I assert that it is not the start of Wave 3 that is difficult to find, rather it's any real understanding of the waves per se. If you back test every wave that has ever occurred, you will see AriasWave encoded in its DNA. Except you need to be bothered in the first place and most people are lazy and want to get rich quick. I was once guilty of this too and I decided to find out how Wave 3's begin and all surrounding waves every time. Once you see that these patterns exist everywhere all the time your whole view of markets change. You start to realize that it's not BS fluffed up fundamental data that drives the market. Instead, you begin to realize that its raw unadulterated herd psychology that is living and breathing in every wave and cannot be manipulated at its core. 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.
Long
by AriasWave
4
AW Aussie Dollar Analysis - Non-Confirmation Between US Dollar..The non-confirmation between the US Dollar and Aussie Dollar is the smoking gun right here... With the non-farm employment figured being released in less than an hour, this could be part of the corrective structure. If price remains above .68870 during this volatility, then we could see prices gradually gravitate higher. With the stop level firmly set at .66282, a break of .66870 could still throw this view right out the window. Stay tuned for this one as it could turn out to be a good indication of what is ahead. 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.
Long
by AriasWave
1
AW Aussie Dollar Analysis - Impulsive Price Action Has Begun...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 definitely a big trade and one that takes confidence to see out to the end. A good solid understanding of the waves is the reason I believe this Wave E can make it that far with only Wave 3 completed. 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.
Long
by AriasWave
1
AW AUDUSD Analysis - My Count Was Wrong But I'm Still Long...I was wrong about the count, but I could still be right about the trade. My stop has not moved from the lows, and I still expect a move higher. I never let a bad count get in the way of profits, besides this trade could last a while if it works out. We still need to see a break of 69 cents for the proper confirmation to occur. Keeping it simple from here on out in this count without all the 1-2 subdivision nonsense. 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.
Long
by AriasWave
2
AW Aussie Dollar Analysis - This Next Move is Important...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.
Long
by AriasWave
AW Aussie Dollar Analysis - Watch Out for These Levels...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 impulsive manner. 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.
Long
by AriasWave
3
AW Aussie Dollar Analysis - Quick Breakdown of This Trade...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 be moved to .67104. I like to highlight the level of detail you can drill down to at the smaller degree in order to build confidence in the trade. I also point out potential issues with the identification of the wave structure in order to add credence. See the previous related videos linked down below. 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.
Long
by AriasWave
3
$AUD - 2023 🐂$AUD - 2023 🐂 Happy New Year! May this year ahead of yours be full of trading opportunities and most importantly great health. $AUDUSD - C&H (Cup & Handle pattern) If this carries on playing out we have great zones we can take opportunities on. Watch out for 2023 I am bearish the dollar and bullish all commodity FX pairs! However, don't forget about your trading plan and most important implement your risk management skills. It's going to be a very volatile year with CB's divergences and various other factors, but again with great volatility gives us traders opportunities! Fear not. Key tip: Get a good R/R. Have a great year ahead. All the best, Trade Journal Disclaimer: Not Investment Advice
Long
by Trade_Journal
AW Aussie Dollar Analysis - Signs of Huge Rally Chart...Here is an updated chart from yesterday that clearly shows a C-D-E pattern with an impulsive break of the start of Wave E. Anyone can label a chart, but I think it's good to label a Wave ii (for example) once there is this type of confirmation. From here it is expected that an impulsive move continues to push higher and higher. If this is a third wave, then it should not take that long to prove itself. Key phrase: Prove itself. A market should prove itself to you by giving you evidence of being in line with that particular wave's usual characteristics. We all know Wave 3's are the strongest part of a move therefore it should be showing signs of strength and agility. 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.
Long
by AriasWave
2
AW Aussie Dollar Analysis - Resumption of Downtrend Incoming...In this video I reintroduce Aussie dollar analysis in preparation for what is a resumption of the long-term downtrend. This is another example of how all FIAT currencies are losing value against the US Dollar. It doesn't mean that the US Dollar isn't losing value, it just means that relative to other FIAT currencies, it is the strongest during this period. The extra data that is now available on TradingView for this pair has made it easier for me to illustrate my current interpretation. As I haven't covered the Aussie dollar for quite some time, I also cover the long-term view in this video. As mentioned in the video, I will link the US Dollar video so you can see how the view is in-line with that view. 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.
by AriasWave
11
AUThis was also very experimental, not a trade I took. Just a forecast I had and a trade Idea I place. The price had rejected at the blue square quite a few times and this rejection was usually instant or very impulsive. So I would have placed a buy limit (because price was lower than the entry point I would've had). It triggering and further pushing down, recons that our forecast was inline with the market. Still a good way to sharpen skills when waiting for your watchlist to give your setups, it also stops you from seeing things on your watchlist that don't exist.
Short
by Mhangwane1
AUD/USD coils up ahead of the retail sales and RBA's MPSThe Aussie fell to below the 0.6300 target zone yesterday (marked by last week's VPOC - or volume point of control) With the RBA's quarterly MPS (monetary policy statement) and retail sales released at today at 11:30 AEDT, perhaps upgraded inflation forecasts can give the Aussie a bump higher. But whilst prices remain beneath the monthly pivot point, such bounces are likely to appeal to bears for swing trade shorts. However, the US dollar remains a force to be reckoned with so the core view on AUD remains bearish given the RBA's lack of hawkish interest (on a relative basis). A break of yesterday's low assumes bearish continuation and brings the support zone around 0.6200 into focus for bears.
Short
by CityIndex
2