Henryq

Henryq

Broken below the Ending Diagonal with a Flag formation preparing for the BoC Interest rate release Sell the break out

Henryq

We are currently in a C-wave of a Flat correction on the larger time frame We could have a Contracting flat on the lower time frame Leaning towards it being an extended B wave Butterfly formation expecting price to pullback at the 127-161 fib levels

Henryq

Ending diagonal formation with lots of divergence from the RSI Expecting a strong break out to the upside during tomorrows BoC interest rate decision

Henryq Updated 

Price moved as expected completing 5 waves on a lower time frame waiting setup confirmation to the downside

Henryq

Watching C - wave at the 78.6 fib level for reversal sign or the 113 Running Flat or Expanded Flat

Henryq Updated 

Update Earlier forecast the possibility of one more wave down

Henryq Updated 

Getting our anticipated wave up should have a little more upside breaking previous top before downside starts

Henryq Updated 

Created 5 impulse waves down with divergence on MACD Expecting price to break the 1H trend-line Possible to have another wave down Flag set up would confirm further upside

Henryq

Previous forecast predicted price reverse at 0.786 fib Cypher level or 1.13 Shark level Price has slowly moved down not sitting at 1.13 fib level with lots of divergence in both MACD and RSI Expecting price to reverse

Henryq

In a Daily pattern expecting a down wave to complete ABC Flat

Henryq Updated 

We could of already had our Bearish Contracting Flat correction Still think we are creating a Larger Bearish Running Flat Correction. Price broken 4H Trend-line, expecting a pullback to either 4H trend-line or the B-wave trend-line to finish wave C before further downside

Henryq Updated 

Ending Diagonal forming with RSI Divergence Preparing for breakout

Henryq Updated 

Either a Running or Expanded flat Cypher Pattern forming so expecting price movement to happen firstly between 61.8 - 78.6 fib levels If we create an expanding flat expect price movement to occur at the 113 fib level

Henryq

Currently in 5th impulse, downside could be ending soon This should be the first Impulse down for a larger Daily pattern to complete weekly WXY pattern

Henryq Updated 

Wave 5 did not create a correction below the previous trend-line or break wave 4 We now have what appears to be an Ending Diagonal pattern forming

Henryq Updated 

5 wave impulse complete Expecting a short term C wave Impulse to complete Bearish Running Flat Long term Downside

Henryq Updated 

Currently in B-wave of a Bullish Correction. Waiting for completion of C wave to go Long

Henryq

Wave 5 on a lower time-frame has been completed with sign of Divergence on MACD. This should mark the completion of the Expanded Flat wave C on larger time frame. Waiting for price to break trend-line followed by a Bearish correction to confirm downside