FranciscoPalma

FranciscoPalma Updated 

Sell it

FranciscoPalma Updated 

WXY structure in the making. wave A about to finish. let it reach área for a sell.

FranciscoPalma Updated 

hello, i see a possible WXY structure in the making, so a 3 waves pull back has to come. its a 4h charts so you can trade the up side. if you know structures you know where to enter and where to place your stops. remenber that daily chart is for upside so it can go up too for a better reward if you follow the structure.

FranciscoPalma

ok. if my count is correct it will beak the top. trading is a high risk game where you can lose your money if you dont follow a strict money management strategy.

FranciscoPalma Updated 

this can go for our target área on a C wave to complete WXY structure. lets see what it does. Always B waves are complex and can do any corrective structure

FranciscoPalma Updated 

hello traders. ok as spected my wxy structure touched target área an reversal is now happening. this is a wave A done and now again comes a wave B. as you can see, B waves are complex and can be any corrective structure. so trade with care. it is important to understand the structure on higher timeframes(1W,1M).

FranciscoPalma Updated 

big drop has to correct.

FranciscoPalma Updated 

drop as spected on a WXY structure. has to make B wave in 3. we wiil see.

FranciscoPalma

ok now i see a bigger WXY structure in 4H. wave A about to finish, so i spect a 3 waves pullback for wave B. can be any type of complex B wave.

FranciscoPalma Updated 

you can wait Price to reach Green box área to buy.

FranciscoPalma Updated 

Greetings Traders. Here is my count in EURUSD. for me it is rising in wave A in 3 waves as a structure WXYXZ. It could also be counted as an impulse 1-2-3-4-5. However, the laws of impulse still do not confirm that it is so to label it like that.To start this week we have a possible sale in 1H. lets see how it plays out.

FranciscoPalma

Hello, this is how i see USDJPY developing. made an impulse now is on its correction doing wave A.

FranciscoPalma Updated 

Greetings Traders! my colleagues.Well I've been following the EURUSD which clearly in the Month chart has made a pattern of 5 waves and is currently correcting that impulse. Has descended in another pattern of 5 waves, which indicates that corrective wave A is in the making. I have clearly identified wave 3 of that downward impulse, however I have seen that many...

FranciscoPalma Updated 

here i go onces again for wave 3.

FranciscoPalma Updated 

Going for wave C to complete wave 4 of the impulse

FranciscoPalma Updated 

i had my target hit, and for those who saw yesterdays analysis, it did turn out to be an impulse not a WXY structure. But still i was in the correct direction of the market and had my target hit with good profits. labelling is not all on trading, but it helps and gives me high probability of success of my trade. Will try to continue updating the USDJPY chart as i...

FranciscoPalma Updated 

if you can read charts base on Elliott Theory then you Will know market direction!!. this is what i read.

FranciscoPalma Updated 

Greetings Traders, here I share my humble analysis of EURUSD, I have found in 2 years of study that only the analysis with Elliott waves gives me high probability of doing my trades in the right direction of the market. Here you will find my counts in different timeframes. Greetings.