WaveAlchemy

AUDUSD DETAIL FOR ENTRY

Largo
WaveAlchemy Actualizado   
FX:AUDUSD   Dólar australiano/Dólar estadounidense
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 extension.

Harmonic Analysis - Gartley complex retracement. + Point D of Gartley terminates in and around the same area of the termination of AB=CD.

Regards
Laurence
Operación cerrada: precio stop alcanzado:
Still adamant to go long, despite this loss. The market is definitely exhausted. Will edit chart for other long opportunities shortly.

Regards
Laurence
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