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AriasWave
Feb 16, 2023 8:49 AM

AW Aussie Dollar Analysis - Short Trade Opportunity... Short

Australian Dollar/U.S. DollarFXCM

Description

I believe the Euro will fall lower percentage wise but if you like trading the Aussie Dollar and like AriasWave analysis this is for you.

Structurally Aussie will only mov down to the lows to complete the Zig-Zag since early 2021 in Wave (C).

Entry: At Market (Already Confirmed)

Target: .61715

Stop: .69985

Risk Reward: 9.39

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.

***AriasWave is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***
Comments
JoeChampion
Nice!
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