AW Aussie Dollar Analysis - Watch Out for These Levels... Long

Australian Dollar/U.S. DollarFXCM

Description

⋅ Jan 3, 2023 2:43 AM

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[b/] 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.

Comments

JoeChampion

⋅ Jan 4, 2023 3:37 PM

Great video, i like it!

Onlyjuan

⋅ Jan 3, 2023 3:41 AM

Do you think it’s ideal to continue to wait on this or start looking for new POIs?

AriasWave

⋅ Jan 3, 2023 3:44 AM

@Onlyjuan, My apologies, not sure what you mean by POI. This move is only just getting started. I will focus on targets when we break the 69 cent level.