WaveAlchemy

WaveAlchemy

Hi all, This wave count states that 1) Minor 1 completed on 6 JUL as a zigzag 5-3-5, 2) Minor 2 completed on 1 SEPT as either a double-three or a zigzag 5-3-5 and 3) Minor 3 is unfolding in its early stages of development and most likely as a regular motive structure. Some confidence will be place in this count if price moves beyond the aqua blue trend line.

WaveAlchemy

Hi all, I publish this chart just to make it clear that most recent Minute degree counts for XAUUSD 0.33% are based on the invalidation of two Minor degree counts and the invalidation of Primary A1 - It is likely that primary C will not unfold as a 5 wave motive structure, unless labelled otherwise. I have calculated an alternate for this hypothesis, but it is...

WaveAlchemy Updated 

Hi all, This wave count states that 1) Minute wave 3 pink completed on 18 AUG as a zigzag 5-3-5 and 2) Minute wave 4 pink is still unfolding as a zigzag. Wave development following 18 AUG orthodox high is expansive, indicating the beginning of an actionary wave. I am calculating the most appropriate degree for this actionary wave. This wave count argues that...

WaveAlchemy Updated 

Hi all, This wave count states that 1) Minute wave 3 pink completed on 18 AUG as a zigzag 5-3-5 and 2) Minute wave 4 pink completed on 31 AUG as a zigzag 3-3-5 and 3) Minute wave 5 pink is now underway.

WaveAlchemy Updated 

Hi all, This wave count states that 1) Subminuette wave B orange completed on 8 SEPT as a simple zig zag and 2) Subminuette wave C orange is currently unfolding as a double zigzag. We will accept that a double zigzag can be a variation of a motive structure, because it can achieve the same quality of progress except with more waves. Price is currently located...

WaveAlchemy Updated 

Hi all, This wave count states that 1) Subminuette wave B orange completed on 8 SEPT as a simple zigzag and 2) Subminuette wave C orange is underway as a regular motive structure. At this stage there is evidence to suggest that it may unfold as a regular motive structure. For this to be held true, Micro wave 4 purple may not move beyond the end of Micro wave 1...

WaveAlchemy

Hi all, This wave count states that 1) Minuette wave A green completed on 31 AUG as a diverging diagonal and 2) Minuette wave B green has completed on 8 SEPT as a zigzag 5-3-3 and 3) Minuette wave C green is now underway. If price moves below 1.1180, some confidence will be placed on this count whilst concurrently less confidence will be placed on *EURUSD...

WaveAlchemy

Hi all, This wave count states that 1) Minuette Wave 1 green completed on 2 SEPT and 2) Minuette Wave 2 green is underway as a running flat. Minuette 2 may not move beyond 1.11405 to comply with the form of a running flat correction. Price would now be located in Subminuette wave C orange.

WaveAlchemy

Hi all, This wave count states that 1) Intermediate W completed as a zigzag and 2) Intermediate X is unfolding as a regular flat. *IMPORTANT NOTE* Wave C of any flat correction must unfold in 5 waves. So if minute wave 4 pink moves beyond minute wave 2...

WaveAlchemy

Hi all, This wave count states that 1) Primary C completed as a contracting ending diagonal and 2) Primary D is unfolding as a double-three. Minor Wave C blue of Intermediate wave W yellow subdivides in three waves. I will make exceptions for the formation of zigzags. Of course a wave count of 5-3-5 is most ideal as prescribed by Mr Elliot. But by such...

WaveAlchemy

Hi all, This wave count states that 1) Cycle 1 orange completed as a regular motive structure and 2) Cycle B Orange is unfolding as a converging triangle.

WaveAlchemy

Hi all, So here is a closer look at Grand Supercycle C of what could be an unfolding running triangle. This wave count states that 1) Grand Supercycle b completed as a simple zig zag 5-3-5 and 2) Grand Supercycle c is underway as a double-three. Traditionally, a running flat has a wave count 5-3-5. Wave C appears to be more corrective than impulsive....

WaveAlchemy

Hi all, This wave count states that 1) Submillennium 1 blue is complete (assumed due to data absence) and 2) Submillennium 2 blue is underway as a running flat. Price would be located in the later stages of the running flat - Grand Supercycle C pink, for which I will calculate most fitting wave counts.

WaveAlchemy

Hi all, This wave count states that 1) Minute W pink completed as a symmetrical triangle lasting a duration of 5 weeks and 2) Minute Y pink completed as a single zigzag and 3) Minor 3 is now developing its early stages.

WaveAlchemy Updated 

Hi all, This wave count states that 1) Minute W pink completed as a symmetrical triangle lasting a duration of 5 weeks and 2) Minute Y pink is underway as a double zig zag. One should always assume the trend remains intact & in progress, and that the idea for a reversal is premature & is yet to happen.

WaveAlchemy

Hi all, This wave count is based on the idea that *XAUUSD 12 HOUR BULL (PRIMARY ALTERNATE 1)* is invalidated and replaced with the idea that "primary wave C red is unfolding as an ending contracting diagonal" This wave count states that 1) Minor 1 blue unfolded as a simple zig zag 5-3-5 and 2) Minor 2 blue is unfolding as a complex correction.

WaveAlchemy Updated 

Hi all, This wave count states that 1) Primary B is complete as an expanded flat and 2) Primary C is underway as a regular motive structure. I have firmly placed waves 1, 2 and 3. Minor 4 may or may not be complete. Where it ends is not the priority for this wave count. For argument's sake however, minor 4 is presumed to have ended to adhere to primary targets....

WaveAlchemy Updated 

Hi all, This wave count states 1) minor 3 is complete and 2) minor 4 is unfolding as a double-three. It is becoming clearer everyday with new price action unfolding what we are actually dealing with. This is "THE PROCESS", a series of invalidations ultimately narrowing the infinite multiplicity of what may occur. Minute W unfolded as a very nice symmetrical...