According to AriasWave, the reason we haven’t seen the market roll over yet is because Wave D has been in play since 2022. I’m watching the 1.17747 level closely—once we hit that zone, I’m expecting a sharp reversal to the downside.
There’s also a chance we push up to 1.22570 to retest the 1000-period moving average on the weekly. Either way, the setup’s almost complete. My minimum downside target for the Euro is 0.70.
I believe a major economic slowdown is right around the corner. I’ll break it all down in today’s Market Update—covering the Euro, USD, Dow, S&P 500, and Bitcoin.
Stay tuned. And yeah—I’m back online after a weeklong ban. Let’s get to work.
There’s also a chance we push up to 1.22570 to retest the 1000-period moving average on the weekly. Either way, the setup’s almost complete. My minimum downside target for the Euro is 0.70.
I believe a major economic slowdown is right around the corner. I’ll break it all down in today’s Market Update—covering the Euro, USD, Dow, S&P 500, and Bitcoin.
Stay tuned. And yeah—I’m back online after a weeklong ban. Let’s get to work.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.