AlexPalmaFXTrader

AlexPalmaFXTrader

Hello Traders Another possible decline is coming for this pair. I've identified a Harmonic pattern (don't know which one ) but also as an Elliott wave analysis this can be wave B an EXPANDED FLAT wave A and B minor degree are completed and wave C minor degree is an ending diagonal or wedge pattern and it should end between 1.78 and 1.80

AlexPalmaFXTrader

going long during london session

AlexPalmaFXTrader

sell

AlexPalmaFXTrader

Hello traders, I expect a 5 wave decline or a bearish ending diagonal for the eur/usd starting from today It looks like wave B of C is completed. If price breaks above resistance (RED TRENDLINE) I would consider this analysis invalid but for now I'm bearish.my target is very close to 1.1600

AlexPalmaFXTrader

nice risk and reward ratio if breakout below trend line occur

AlexPalmaFXTrader

Buy

AlexPalmaFXTrader

long after breakout on trendline

AlexPalmaFXTrader

Hello Traders Today i'm doing an updated on Silver. A few weeks ago i posted a possible triangle formation for wave 4 but triangles are very tricky, so today i'm doing another possible wave count analysis (Still bearish), a WXY where wave A is a ZIg-Zag wave X a triangle and after triangle breakout an impulsive decline for wave C.

AlexPalmaFXTrader

hey traders. this is my interpretation of Gold right now, just like Silver a triangle formation in progress

AlexPalmaFXTrader

Hello traders I'm going short on EUR/NZD during London session

AlexPalmaFXTrader

Hello traders we are still on a corrective move. Silver is forming a triangle pattern, wave A and B completed. I will be waiting on that breakout above its upper trend line once pattern is completed. i expect at least 2 weeks before pattern gets completed

AlexPalmaFXTrader

2to1 profit ratio

AlexPalmaFXTrader

Hello traders, EUR/NZD is on wave 5 which is follow by an ABC decline (correction). my interpretation is bearish if price stays below 1.8272 which is a very important resistance level. i also see bearish divergence on RSI, MACD and Stochastic

AlexPalmaFXTrader

Hello traders, here is a bearish interpretation of Silver on 1 hour chart

AlexPalmaFXTrader

Hello traders, going short on Silver

AlexPalmaFXTrader Updated 

hello traders wave 3 of wave A near over. I'm going Long with minimum risk

AlexPalmaFXTrader

Hello traders GBP/USD currently on a WXY corrective formation

AlexPalmaFXTrader

Ending diagonal for wave c of flat correction