AW Euro Dollar Analysis - Support Broken, Wave C In Progress...During my last few videos, I have consistently mentioned that if we break this support at 1.08376 then Wave C has started.
Well Wave C has started and according to the larger degree analysis we are falling within Wave 4, and I expect this move to continue lower.
Price should fall down towards 1.04802.
As long as Wave C is in progress there is no reason to expect a bounce back to the highs.
Even during high volatility news, I believe it will continue to unfold as expected either during or after.
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.
***AriasWave is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***
Eurusdanalysis
EURUSD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
AW Euro Dollar Analysis - If Support Keeps Holding...If support continues to hold as it currently seems to be.
Due to the corrective process ending so low, it is possible to put the previous larger Wave B idea back on the table.
This correction has been a little volatile, everything seems to fit a bullish outlook for the first 5-Wave move of a Wave B Zig-Zag.
I doubt the smaller zig-zag idea will be any good due to how low the correction ended.
There definitely some differences between what is going in the US Dollar vs The Euro at the small degree right now.
This makes the latest waves very interesting.
Support remains at 1.08378.
I will posting a video update in a few hours.
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.
***AriasWave is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***
AW Euro Dollar Analysis - Small Expanded Wave B...Price action suggests that we are looking at a smaller Wave B and may only see a double top.
Below in related ideas if you have a look at the degree of trend it appears we are only trading with Wave 4 of the initial move up.
After this completes that is when I expect Wave C to take the Euro lower back to the previous Wave iv at around 1.04821.
Support for this smaller Wave B is at 1.08378.
I wish I could post every 5 minutes but it's not possible.
Edit: The larger Head and Shoulders pattern might still be in play which means a possible triple top.
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.
***AriasWave is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***
AW Euro Dollar Analysis - Normal 5-Wave Move Since Lows...It has become obvious that this whole move up is just a normal 5-Wave move.
After noticing the small Wave A at the highs, it became clear that it must part of a smaller degree correction.
After all the analysis done so far, it just goes to show there is nothing weak about this move.
It's the first Wave of a large incoming trend therefore we need to stay on top of every single wave so we know what comes next.
I believe we are now in Wave 4 of this initial first wave.
This is one of the pitfalls of fractal patterns, one must stay on top of every move and identify the waves correctly as the pattern evolves.
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.
***AriasWave is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***
AW Euro Dollar Analysis - Possible Irregular Top Forming...Price action throughout the day has given away some clues as to what we could be seeing here.
Look for the first 5 Waves up for Wave (A) and then by the time the FOMC meeting occurs we should have a pretty good setup for Wave (C).
In the video I explain the thinking behind this, I believe we are in Wave 2 and may very well see this Wave B expand to the upside.
1.08531 is the line in the sand and I am using this as a stop level but if it is broken without going much higher then the last high would become resistance.
Summary: Short term long position unless we see a break of the level mentioned above.
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.
***AriasWave is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***
DeGRAM | EURUSD range breaking EURUSD is trading in the descending channel.
The markets printed multiple massive red candles, meaning that bulls were pushed back.
Price broke and closed below the consolidation zone. Additionally, the price action is making lower lows.
We expect a sharp bearish move and an AB=CD pattern.
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Share your opinion in the comments and support the idea with like. Thanks for your support!
EURUSD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
DeGRAM | EURUSD in consolidation EURUSD broke out of the ascending channel and retested it.
Price fell from a strong resistance level of 1.09300, and the price action is printing HHs and LLs, indicating indecision or consolidation.
The market formed AB = CD pattern.
We expect a move down and further consolidation.
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DeGRAM | EURUSD pullback expectedEURUSD is trading in an ascending channel.
The market is decelerating at resistance level, meaning candles are getting smaller.
We have an AB=CD pattern where the D point is slightly above the resistance level.
On the 4H timeframe, we can see divergence.
We expect a bearish move; all confluences tell us that price could make a pullback.
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EURUSD: Bearish 1H Possible Rejection at 1.09070The EURUSD pair is bullish in the short-term, however, a correction may occur if the price rejects at the current level of 1.09070. The outcome of the February rate decision may also greatly impact the value of the pair. Traders and investors should keep a close eye on the market and be prepared for any fluctuations.
Fellow traders and investors, it would be valuable to share your thoughts and opinions and stay updated by following me for more information.
DeGRAM | EURUSD range as support levelEURUSD market is trading above the psychological level of 1.8500 and consolidation zone.
Price has rebounded from the consolidation zone that acts as a support.
Price pulled back from the consolidation zone, and it might go to retest the upper channel's border.
We expect a retest of the resistance level .
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EUR/USD :: Is a sales position created ?EUR/USD :::
The price is in an upward trend and the limit of 1.08 has been hit the most in the short term.
The price has not yet hit the ceiling of the channel, but there is a possibility that the price will return to this range.
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DeGRAM | EURUSD short opportunityEURUSD is trading in an ascending channel, and it has tested the resistance zone and rebounded.
The market made a false break at the resistance level, which is a great indication that the price will retrace.
Price action is printing a potential harmonic pattern, and we have an AB=CD pattern where the D point is right at target level.
We expect a bearish move.
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AW Euro Dollar Analysis - The Wave E Idea Lives On...It appears that all that was required was patience...
Eventually it has led me to a fairly clear count that indicates further strengthening of the Euro versus the US Dollar.
The setup is becoming much clearer now that we have a 1-2 setup evolving for what appears to be the start of Wave 3.
After trying many combinations of labelling using AriasWave, I must admit, this count looks compelling.
We still have a little lower to fall here in order to lower the risk and before I post an official long idea based off this count.
The whole point of going through every possibility is the type of effort required to get to where we are now.
Planning and preparing for a decent swing trade based on some very clear wave structures.
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.
EURUSD - CURRENT SENTIMENT ANALYSE , DXY #EURUSD
- As of last day, the MARKET SENTIMENT for EUR was slightly UP SIDE. The main reason for that is that the dollar is starting to weaken quite a bit. This time after the FOMC, the dollar became even more WEAK. Due to MARKET RISK ON, all MARKETS including STOCKS and COMMODITIES are going up a bit now. Stay tuned for FED UPDATES and US DATA.
- Definitely, according to the market structure, EURUSD can go down to the support level of 1.0860 below. At the moment, there is quite a DOWN SIDE BIAS in the MARKET for EUR.
- After that, EURUSD can go up to 1.2000 LEVEL. If the MARKET SENTIMENT changes and STOCKS and COMMODITIES start going UP, there will be more EURUSD BUY. So keep an eye on it.
DeGRAM | GBPUSD confluence levelGBPUSD is currently trading in an ascending channel .
The market rebounded from the psychological level at 1.24500 and the upper border of the channel .
If price prints a double top at the resistance level , then it is likely to test the support level .
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EURUSD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
DeGRAM | EURUSD market overbought EURUSD is at the resistance level , and price action has printed divergence.
The market is consolidating in an ascending channel at the resistance level .
On the daily timeframe , the market is massively overbought.
We expect a short term pullback to test the middle of the consolidation zone.
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#EURUSD short #signalDear friends and companions:
According to my roadmap, the divergence between the price chart and rsi is evident in the 4-hour time frame. From here, I get a low-risk, high-reward short potision.
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