WaveAlchemy

WaveAlchemy

Hi all, Simple setup to start the week.

WaveAlchemy

We've completed a bearish wave structure for which a correction of some sort should follow. The arabic numerals represent the larger degree count so I would expect a substantial retracement to at least 618 which is the ideal wave 2 termination, or higher for wolfe completion. .

WaveAlchemy Updated 

Hi all, My previous publication suggested that price last week would reach out to the 0.786 retracement for a harmonic completion before resuming the last impulse wave of the superceding structure. It hasn't quite done so (yet). However on the likely that this bullish correction is over and that we won't see higher prices in the near future, I will anticipate...

WaveAlchemy Updated 

Hi all, Here is a potential Geo completion at its 5'' position. Expect the development of wave (v) to originate from here.

WaveAlchemy Updated 

GL.

WaveAlchemy

Hi all, Completed WW. Laurence

WaveAlchemy Updated 

gl

WaveAlchemy Updated 

GL

WaveAlchemy Updated 

Hi all, Expecting at least a 50% retracement as a wave 4 correction of the intermediate e.w. count - labelled as "(letter)". However taking into account the larger surrounding context of this structure formation, we're in a potential reversal zone as per the cypher harmonic termination as well as the several resistance indicators all of which are conspiring for...

WaveAlchemy Updated 

Hi all, Complex bat retracement as the interface of a bearish continuation that can result in a naturally occurring triangle pattern ending at a projection of Gan fans from March to Sept. Regards Laurence

WaveAlchemy Updated 

Hi all, Development of two harmonic patterns. The butterfly pattern (in pink), to me, is more attractive because it suggests bearish trend is still intact. @ 1.11 we have several indicators for a good selling opportunity. However if market decides to roll over, I will see to it that this bearish channel holds. Laurecen

WaveAlchemy

GL

WaveAlchemy Updated 

Good luck :)

WaveAlchemy Updated 

Hi all My AUDUSD trade last time has failed. Possibly because the construction of the Harmonic was skewed too much. In any case the long term perspective for a positive AUDUSD is still intact. here we have a near completion of the BUTTERFLY.

WaveAlchemy

Hi all, We are at the April low and we've found some good bullish reaction. Here's a simple 5-0 pattern. Regards laurence

WaveAlchemy Updated 

Hi all, Structure Analysis -Market is consolidating after a year of punishment, with a double-top indicating desire to make new grounds for structure. Structure Predictive Analysis - Reasonable to assume that price has bottomed @ 0.7000 which is a relatively strong support level. Ratio Analysis - XA .78 retracement convergent with AB 1.272...

WaveAlchemy Updated 

Hi all :) Structure analysis - Long term bullish market. Currently price has established intermediate lower lows between confined within bull swing determining short-term bearish bias. Structure predictive analysis - Price to continue in counter-trend if current structure acts as resistance. Ratio analysis - daily swing high retraced 0.38 convergent with...

WaveAlchemy

Hi all, I think we can expect some positive sentiment from here on. Good luck