WaveAlchemy

WaveAlchemy

Hi all, Motive structure @ primary degree: Primary wave 3 = 1.618 x wave 1 Corrective structure @ primary degree: Wave 2 is expressed as a running flat in shape but its subdivision are unlike the count of a flat structure. However running flats are unusual occurrences and so because of the appearance of shape I will overlook the lack of correct subdivision....

WaveAlchemy Updated 

Hi all, This count sees a reversal in the near future in the direction of the dominant trend. The construction of higher highs will confirm the continued development of the motive structure labelled at subminuette degree orange which upon its completion will consequently mark the termination of the last actionary corrective wave at minute degree - minute wave y...

WaveAlchemy Updated 

Price is located in an expanding diagonal wave E minor structure, of IMPULSE wave (5) intermediate structure, of IMPULSE wave 3 primary structure, of CORRECTIVE wave IV grandsupercycle structure. Good idea to sell.

WaveAlchemy Updated 

If price breaks and closes below triangle, I will expect a final thrust to 110, at the least. I say at least because I am taking into account the alternative bearish count, of which its 5th wave should be of equal length as wave 1. If this does or doesn't occur, ultimately after some lower degree structure is resolved, I will expect the beginning of wave 3 of...

WaveAlchemy Updated 

Price is located in wave III or wave W in primary wave structure, of IMPULSE wave (a) in intermediate wave structure, of CORRECTIVE wave 2 in primary wave structure.

WaveAlchemy

Several references for support structure, here and now.

WaveAlchemy Updated 

This position was entered last week after several rejections of the 786 fib line. I will observe price action to add to this position.

WaveAlchemy Updated 

Price presents a double-top of .5% fib line.

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GL

WaveAlchemy Updated 

Gl

WaveAlchemy Updated 

Expecting a reversal for the Pound to the upside in the near future. However at this moment I am inclined to sell as for all the indicators (structure resistance and moving average resistances). Without resisting current price developments to the downside; I will observe this subwave count to progress in its final wave v, before we resume trending with the bullish...

WaveAlchemy Updated 

Gl

WaveAlchemy Updated 

GL

WaveAlchemy

Awaiting break of symmetrical triangle in either direction.

WaveAlchemy Updated 

Please find details on annotations Ivan

WaveAlchemy Updated 

Current price at an assumed termination of wave II and completion of wolfe wave dynamic retracement. Low of 20th Jan appears to have been a false breach of September's low.

WaveAlchemy Updated 

Negative news for the Yen implies a positive reaction for this pair maybe providing a little upside momentum. Otherwise technically I will expect a small pull back to 171 before another impulse down.

WaveAlchemy Updated 

GL