AlexPalmaFXTrader

AlexPalmaFXTrader

Hello Traders today's analysis is bearish. currently working wave B on minor degree. wave c of C of a triangle pattern is almost completed and heading to wave D. This analysis is wrong is price goes above 25.84

AlexPalmaFXTrader

hello traders eur/nzd is forming an ending diagonal. going long after breakout above trendline

AlexPalmaFXTrader

Hello Traders wave 4 or Wave B almost completed. going long with PT as shown

AlexPalmaFXTrader

Hello traders After i predicted more than 400 pips drop on eur/nzd i'm going bullish now. I don't have any targets yet but i expect a bullish 5 wave count that will go above previous high, i will be updating the chart as price unfolds

AlexPalmaFXTrader Updated 

Hello Traders Zigzag with ending diagonal on wave c. going short with SL 1.8073

AlexPalmaFXTrader

sell

AlexPalmaFXTrader Updated 

Hello Traders There is a big chance that we are still working wave E of Expanding triangle. A bullish head & Shoulder has been formed. there are 2 ways you can trade this. Option 1: Buy at the market after H&S trendline breakout occur and take profits between 1930 and 1940 Option 2: Sell limit. Enter Short once price has reached the targets (check for divergence...

AlexPalmaFXTrader

Hello Traders. Bullish impulse almost completed. sell

AlexPalmaFXTrader

Hello Traders More Decline coming for GBP/USD target 1.2691. Probably market will make a double bottom pattern then will go up

AlexPalmaFXTrader

Hello traders, I haven't done an update on Gold in a while, here is where we stand right now Since August 6 2020 we have been working a very tricky complex correction WXY where wave W is a Zig-Zag wave X a Triangle and 3 waves down (ABC) for wave Y. We are still working on wave B (expanding triangle) of Y. I will be looking for short entries once a breakout...

AlexPalmaFXTrader

Possible downtrend coming for GBP/USD GBP/JPY AUD/USD and Silver at the same time this week

AlexPalmaFXTrader

Hello traders US dollar is getting stronger against "peso mexicano" after the 7 month decline the started April 6 2020. On September 22 2020 price broke above "7 month bearish trendline" indicating buyers are under control. This in my Wave count

AlexPalmaFXTrader

Hello traders this is NZD/USD 1 hour chart. We are currently hitting support on wave 4 of an impulse heading to wave 5. If I'm right this is going to be a nice risk to reward ratio

AlexPalmaFXTrader

wave 4 completed heading to wave 5 with target price between $20 & $19

AlexPalmaFXTrader

this chart is telling me more decline is coming for silver

AlexPalmaFXTrader

Currently working on wave 3 of 3, wave 4 of 3 ended at .61 of wave 2 of 3. I expect a 5 impulse with targets between 1.36 and 1.39 with in the next few months. This analysis falls apart if price drops below 1.26700

AlexPalmaFXTrader

Hello traders, I expect another decline for Silver with target between $19 and $20. If my analysis is right i think price won't go down any further because we have a WXY (corrective pattern completed ) where Wave (W) is a ZIG-ZAG Wave (X) is a triangle and Wave Y is a 5 wave Impulse decline

AlexPalmaFXTrader

Hello Traders, Currently working on wave B. I'm going short if market breaks below trendline of triangle with target at 1.2620. I will consider this analysis wrong in market breaks above main trendline (resistance)