NZDUSD might look fantastic for sellHello guys
USD is strong pair at the moment. All USD pairs are moving in correlation so we should take advanta of it as we already did with usdjpy in previous analysis.
In this scenario sellers broke important lower low level, which was improtant for us to take advantage of it.
We draw you a new support level at 0.67025 which presents safe entrance. If price can broke through this support level, you can sell position. Overall target is at 0.65941.
For elite members; you can easily entrance before, around spot price is at the moment, but we still need more data. Once we get clear facts, see ya in our chat.
Check also previous NZDUSD analysis
Elitefxacademy
AUDCAD pair is looking obvious for trend reverseWe are looking audcad for trend reverse pattern BUT we need more proofs then only picture. We are giving you away possible options.
Trend description
Trend way hasn't reverse yet. Price is at first testing perioud. The question is: Are we going to continue sell?
If price will follow one of breaking options, your job as Elite trader is to focus at breaking spots and momentum story.
1. Option Buyers are going to test lower low straight away
2. Option, might happen with strong volume from sellers side - use our Elite indicator tool and follow momentum story
3. Option - Buyers might push price even higher. If this is going to happen, do not trade this until first resistance level is broken and retraced.
Trending: Possible sell reverse. Still at decision zone.
If trend will reverse, then price could go much lower then you could imagine.
Thank you for following us
Don't miss our every day analysis. Also do not miss AUDJPY D1 analysis from yesterday *
Elitefxacademy
Quite bad for you to not take NZDCHF stakeHello everyone and our Elite traders
NZDCHF currency pair is showing BUY performance, while daily sellers were slaped. Last swing from the whole price action story is showing strong buyers performance for overall trend idea.
If we are looking closely from H4 timeframe, you can see price get to the next decisional point. This gave us to targets based from next buyers steps. If price get denied, we can expect new swing (rest) and new time for buyers continuation.
Second, if buyers will continue higher without stops, we can see our first target lower, but still great to entering buy position.
At the moment price is at neutral zone and might continue trend or fall into a possible range idea.
Keep close aye on this trade. Watch also previous AUDJPY analysis.
Good trading
ELitefxacademy
Our direction for IOTA is amazing to 100% profitFrom yesterday Bitcoin failed (expectancy mentioned in video), we gave our better entry to IOTA which is showing performance with IOTAUSD and IOTABTC. From yesterday crash, IOTA sellers did last retracement from only H4 timeframe, which was faile (expectancy mentioned in video).
At the moment IOTAUSD is headed to break supply level and continue to our expected targets which are;
T1: 32 cents
T2: 40 cents
T3: 45 cents (100% expectancy)
Do not forget what's going on in-between targets also. For more details, watch the video below
Follow us for fresh updates on tradingview
Elitefxacademy
IOTABTC update from previous analysis IOTAUSDWe've been in long sellers channel till last buyers showed their performance on last channel touch. That means channel switched from sellers to buyers side. Right now all we need is just wait and see following expectations Martin explained in video.
IOTAUSD VIDEO ANALYSIS
Elitefxacademy
EURNZD is expected to continue to lower targets, but when?EURNZD broke thorouh longterm channel on Daily timeframe. After this breaking method was not clear from retracement structure. It is hard to answer IF we got clear retracement to continue daily trend idea, so we are expecting for anouther breaking idea from Lower Low or sellers will test recent Lower Low and continue range movement by new retracement from daily channelling.
Stay tunned for upcoming analysis where we'll published our expected targets, so you can follow elitefxacademy predictions as your advantage.
If you want to learn more, do not hesitate to contact us.
Have fun trading with us
Elitefxacademy
Video explained by Martin Mohar
IOTA on the way to increase for 100% IOTA might perform very strong in upcoming days, weeks... but as you can see we explained you short term analysis for this smart cryptocurrency. So on, Iota have already gave us signs to entering position in buy. Previous week volume and broken resistance tell us bullish performance and sellers failure.
Because we didn't broke last supply, we still have to, even if we've already entered buy move. After breaking through supply spot, we can expect next target;
T1 is at 32 cents
T2 is at 40 cents
T3 is at 44 - 47 cents (100% and more)
We are looking very closely for this 100% move, but do not forget about ''supply spot'', Target 1 and Target 2 .
Hope you followed also NEO analysis from previous week. Price broke thorugh our First target very strong and is headed to higher targets
Video explained by Martin Mohar,
Presented by Elitefxacademy
NEO broke strong as we said in previous analysisNeo is at the moment in very good shape also with bitcoin because as we can see whole crypto market is correlated at the moment. But the difference is that we can see on the chart (daily closing is important), neo is LEADING at the moment versus Bitcoin. So that means, even if bitcoin hold position over weekend, Neo will blow this chart to targets we draw in out previous analysis by neousd chart.
From weekly closing we are still in Lower Low range position, but at the moment, neobtc retracement from buyers higher low maintained enough strong, plus the last candle on daily giving us a good signal.
Correlation is proved*
neobtc
For continuation we have to wait for weekly closing to get more info about managing upcomings.
At the moment; neousd strong buy signal;
If you agree give us feedbacks
Elitefxacademy
US oil has to test lower targetsUS OIL is headed to sign up for new higher low swing. Strong bearish momentum might follow targets if price can break below first support at 12.12 . If price can break this level, we can expect first target to 9.74 support level.
If 9.74 support level, will not be supportive as it should be from bullish side, then we can follow second target to 7.40 support level.
Because we have to have clear minds, for both sides, market is always able to changed while we don't have any breakings. If price is able to climb up above 14.11 resistance level, then buyers has to be really powerfull to continue forward, but first their test is at 15.47 reistance level.
At the moment we are looking for very strong and potential bearish continuation to lower targets as we mentioned.
Happy trading
Elitefxacademy
Bitcoin might test lower targetsBitcoin might test lower targets, because buyers consume all gas, and also price is at spot where price has to switched to sellers. After sellers will show how strong they are, we'll decide later if we're gonna stay in this trade.
This is multi-timeframe analysis. Short term sell is h1 and lowerest sell is between h1 and h4 based on our strategy.
On the other side, if sellers will not push price lower as expected on higher timeframe, then bullish sign might continue, if price will break through resistance, you can follow our previous analysis - expected channel touch.
At the moment we're looking for potential sell by following arrows.
Important is also H4 closing and M15 momentum flow
Elitefxacademy
BTC on the way to retest buyers low or even crash forwardBitcoin is on the way to retest buyers low or even crash forward
Bitcoin slowly and lazy contunue its up move to sellers top resistance. Top resistance from sellers might crashed bitcoin hard to see how strong are buyers support levels.
We can assume this bearish power after bulls tried many times to break through higher high, but from buyers was just unconvenience for next shorterm bull run.
Buyers failure:
No new higher highs
lack of momentum
slow movement
fear
sellers power and increasing momentum
Let's see how strong are sellers.
First target is 5th touch from chennel
Second target is our signal
Lower targets, are possible
If you wanna be updated, click ''follow'' and always you can learn from us and make some profit.
(suggestion room provide even more potecial trades) trading view is just for cover and fun?
Wish you good trading
Elitefxacademy
Bitcoin clear advice that will happen right nowBitcoin is following bullish channeling, but many are confused where this will continue.
If we look at bullish channel, we can say this is just slow movement untill market flow change to trend, but before that buyers has to test targets at 8000$ where is next channel touch. If momentum will be enough strong then this might be a good opportunity to hold funds to 8500$. After all, before any decision made, price has to break important level such as 7200$ and retraced from it.
7200$ is channel that failed from bearish side, and buyers will turn this channel into trending flow on lower timeframe.
But remember, even if bullish happen, this is still everything in bearish overall trending crash. Retracement from sellers is needed, but depends upon a time.
If buyers got distracted, we might see sellers power after so many failed attempt. Sellers continuation will follow after breaking 6700$ and after that, we have to be sure if sellers have already power or we have to wait fow buyers retracement.
Bearish targets are following to 6350$ which presented channel touch. If sellers are enough strong, we can follow second bearish target to 5500$.
That's all for now. For more info we'll give new updates. Don't forget to subscribe and follow, if you wanna get updated
Cheers,
Elitefxacademy
Bitcoin at decision spot, listen whyWe are at very important zone where we will see if buyers are strong enough to continue next touch to bullish channeling or they will stopped and sellers will finnaly smashed them again and continue to following targets.
Follow description in video and targets in next analysis.
Elitefxacaedmy
SP500 to test lower support levelsSP500 is at very good testing level, where we can see how decision will end.
From the whole chart, buyers failed highs. Buyers are out of fuel, and probably stocks will go down, and test lower spots.
This flow is very tipical once it comes to crash. At SP500 buyers actually did very good bounce, but they can't grow confidantly after seeing strong crash on your chart.
Next phase for the market is see how strong will push sellers, so bearish momentum is important.
Secondly, how many holders will not give up, and where is next deep to defense position again from buyers mentality.
On the chart you can chack lower support level, which present targets on H4 chart.
Important! If crash will be too strong, then we can expect that market might crash even lower, especially because of fundamental reasons on what's going on in the world at the moment.
Follow us for more, we'll like to help everyone with our analysis. (To many drawing lines will confused you, so we want to make it simple for every investor and trader)
Elitefxacademy is trading everything on its own system based on number one strategy and custom indicator 2.0
Cheers
Ripple rejected important HighsRipple rejected important high, and sellers start increasing momnetum.
At the moment bulls try to defense support zone, but if there will not be any power, ripple will follow price action to lower supports.
One fact is that whole crypto market is collerated. If 'the Giant'' Bitcoin crash lower as we explained in previous analysis, then ripple will follow dumps
SP 500 bullish predictionBuyers did a very Strong bounce from recent Lower Low. This might stop sellers from selling position at our first market resistance.
If buyers will not show enough powerfull momentum, then our second resistance for sell is out, and target for buyers is expected to third resistance level.
Our prediction for SP500 is that price has to break first resistance level, and after confirmation, we can see this as potential bullish order.
EURAUD sell position on H1 timeframeWe'll not comlicate and give you long description for this pair, bacause this was ment like easy money and sell order on euraud.
Our indicator gave us our sell position yesterday, and many traders entered sell. Prove you can check in our suggestion room, and second prove for this bearish order was recorded LIVE ON FACEBOOK and also shared to our suggestion room.
At the moment we published our second entry, because you've just missed one from yesterday.
Anyway, we wish you good trading
Cheers
Elitefxacademy
Check USDCAD explanation for both waysAt the moment USDCAD is stil in buying flow, but if we decide where to go, we can only say, this that at the moment we are stuck in neutral spot.
Check the video for explanation.
Chart are not explained detailed on purpose. We are not teaching our strategy here.
Martin is giving advice and bullish / bearish idea on usdcad currency pair once something will happen.
Our executed trades are based only with indicator, but overall understanding picture can help to everyone, who has pation for trading.
Wish you good trading.
Elitefxacademy
Still might be a good sell, but wait for confirmation firstPrice is at current level at very neutral spot, but sell side has still advantage because of bearish trending.
We'll share with everyone our last decision (buy/sell) in our suggestion room, where we give to every trader free analysis based on our custom indicator.
Thank you for listening,
Elitefxacademy
How AUDCAD might follow our targetsWe are positive about buyers next move, but check the video on what can happen from both side perspective.
We are in game between bearish trending flow and bullish channeling. Follow our mentioned resistance and support levels.
Our entries are always performed on our custom indicator, which cannot be seen here. Youtube channel in preperation.
You can join our free suggestion room, and get potencial trades analyzed on indicator. (send us message on support)
Our expectation:
Buyers Target
T1: 0.86149
T2: 0.87367
T3: 0.88269
Sellers Target
T1: 0.83269
Wish you good trading
EliteFxAcademy
XRP short example on 15 minutes timeframe read descriptionIf bitcoin moves market down (breaking on 6170 support), then Ripple might go with it, even if those two are not in very same correlation. Total market will go down.
In Ripple's case price failed 3rd break out from H4 resistance level. which is so embaracing and lazy movement on buyers side. Ripple is might be waiting for bitcoin move or it could be anything, but to fail 3rd time. then we should start looking for sell position. But this is different, because we will try to catch this bearish test on 15 minutes timeframe, to see how momentum will react on lower support levels xrp might be going to test it.
Break out has to be clear like we draw in our analysis.
Targets are first and second but because of downtrend, who said that price is not able to test even lower targets. (more in suggestions trading room on how to act for the right moment decision*)
Elitefxacademy
EURGBP broke important channelEURGBP broke important channel which gave new trend (lower timframe) dirrection. But as we see this might be just a fakeout on daily timeframe (following daily closing is important).
At the moment: H4 candle has already broke important weekly level, which is at very same spot as channel line (both line and level crossing).
Target are following support levels once price will hit down to Lower Highs..
Overall target might be down to lower channel line.