Eliteindicator
EURUSD – Sellers on continuation Weekly trending ideaWelcome to our Elite System. We’re here to help you achieve what you have been looking for.
Use our free analysis where you have everything you need for potencial trade ideas and profit.
EURUSD – Sellers on continuation Weekly trending idea
Trend: Sell/ Neutral
Support/Resistance:
R3: 1.10849
R2: 1.09938
R1: 1.09401
S1: 1.08796
S2: 1.06868
Price action:
Market on EURUSD currency pair is still more bearish then bullish. Bears already proven broken bullish zone on daily timeframe, which was very annoying but patiantly flow is following weekly trending idea to first support level at 1.08796 and it might go to fully potencial target at 1.06868 support level.
Potencial trade idea:
Bears targets:
T1: 1.08796
T2: 1.06868
NOTE – We are trading EURUSD via the preferred trading setups
Disclaimer: Martin’s views on the Chart analysis is ment as a trading advice for education terms; Education terms include: trading consistency to everyone who is reading this blog; for every advance student and for every Elite student who is using this analysis for managing his equity by Elite strategy and custom indicator. This analysis is understandable and transparent for all Elite students. This is a free content which is based from Academy in term of transparency to support and following progress to everyone. We know that there is always possible way that market can pull you out even when you follow our analysis blog and advice for a trade. We don’t publish where you have to have your risk management – Stop Loss, because, it would not be fair to Elite members, who learned this techniques in our Elite course.
Keywords:
Elite strategy, Custom Indicator, Fundamental Analysis , Tehnical analysis, Price action, Advanced strategies, Trading Education
Good trading!
Elitefxacademy
AUDUSD– Buyer are on waiting and sellers are pushingWelcome to our Academy. We’re here to help you achieve what you have been looking for.
Use our free analysis where you have everything you need for potencial trade ideas and profit.
AUDUSD– Buyer are on waiting and sellers are pushing
Trend: Sell/ Neutral
Support/Resistance:
R3: 0.67700
R2: 0.67514
S1: 0.67235
S2: 0.67068
S3: 0.66828
Price action:
At the moment we are in overall sellers trending idea. Sellers might push price lower and test buyers supports. After testing this supports we'll see how strong are buyers. Lately if buyers are able to turn the market then we can go bullish from second resistance and higher. But right now we are focusing on sell side from overall market idea, so after after breaking first support level at 0.67235 then we can expect price to go to our second support and after breaking that level, we can expect price to test second support level.
*We are recommending using custom indicator which tells you exact entries, correct risk management and smart profits.*
Potencial trade idea:
Bulls targets:
T1: 0.67700
Bears targets:
T1: 0.67068
T2: 0.66828
NOTE – We are trading AUDUSD via the preferred trading setups
Disclaimer: Martin’s views on the Chart analysis is ment as a trading advice for education terms; Education terms include: trading consistency to everyone who is reading this blog; for every advance student and for every Elite student who is using this analysis for managing his equity by Elite strategy and custom indicator. This analysis is understandable and transparent for all Elite students. This is a free content which is based from Academy in term of transparency to support and following progress to everyone. We know that there is always possible way that market can pull you out even when you follow our analysis blog and advice for a trade. We don’t publish where you have to have your risk management – Stop Loss, because, it would not be fair to Elite members, who learned this techniques in our Elite course.
Keywords:
Elite strategy, Custom Indicator, Fundamental Analysis , Tehnical analysis, Price action, Advanced strategies, Trading Education
Good trading!
Elitefxacademy
[b]USDCAD – Buyers might continue way higher.USDCAD – Buyers might continue way higher.
Trend: Strong Buy
Support/Resistance:
R2: 1.32951
R1: 1.32696
S1: 1.32111
S2: 1.31854
Price action:
In this case, buyers did a great job from previous week. The good news are that, they've already broken important levels to prove USD positive signs. If buyers will contunue way up, then we are following next targets. In case buyers will relay for a while, then they'll left sellers to bring price to test support area.
Potencial trade idea:
Bulls targets:
T1 = 1.32696
T2 = 1.32951
Bears targets:
T1 = 1.31854
NOTE – We are trading USDCAD via the preferred trading setups
Disclamer1: We have to wait for a currency pair to trade after news are reliased. This might be a short correction, or price will give us moving dirrection after news are reliased.
Disclaimer2: Martin's views on the Chart analysis is ment as a trading advice for education terms; Education terms include: trading consistency to everyone who is reading this blog; for every advance student and for every Elite student who is using this analysis for managing his equity by Elite strategy and custom indicator. This analysis is understandable and transparent for all Elite students. This is a free content which is based from Academy in term of transparency to support and following progress to everyone. We know that there is always possible way that market can pull you out even when you follow our analysis blog and advice for a trade. We don't publish where you have to have your risk management – Stop Loss, because, it would not be fair to Elite members, who learned this techniques in our Elite course.
EURAUD – Sellers trending is on the way and the reason could be EURAUD – Sellers trending is on the way and the reason could be
Trend: Strong Sell
Support/Resistance:
R3: 1.61423
R2: 1.61139
R1: 1.60770
S1: 1.60108
S2: 1.59538
Price action:
From previous day sellers led and give us a reason to sell even more, but the price has to hold below resitance level at 1.60770. Sellers targets are next to first and lower to second buyers support where buyers might give us information about their next move.
If the price change first resistance level to support, then buyers might test second resistace level at 1.61139.
Potencial trade idea:
Bulls targets:
T1: 1.60770
Bears targets:
T1: 1.60108
T2: 1.59538
NOTE – We are trading EURAUD via the preferred trading setups
ELITEFXACADEMY
USDCHF still selli'm a bit late for publishing this trade set up. I was already in from last week, but anyway, this is still good entry for everyone. So price has to touch gap on first support downthere or even fulfill the gap.
I'm not trading gaps likely. I rather call this gambling, because banks now people are like that. Many people are trying to catch gaps as an opportunity for making profit. But for everyone who follows me, I prefer risk management, logic, traders mind, Knowing price action and follow your knowledge. Mine is Elite strategy and I do not cheat on my best strategy.
Cheers for everyone who would like to know more
Sellers dominaceAdvance trading set up:
Sellers are now under the previous Lower Low. Now it is time to go even lower, where the First target shoudl be.
We are in sellers trending, under the channel, unders previous Lower Low, waiting for sellers retest from support.
The only problem could be CAD is not showing any power (yet)
This trading set up is build only on advanced basics and not Elite stategy. Advance is a good start for begginers, but later, we recommend Elite knowledge to go even further with discipline, trading stucture, risk management and knowledge
By elite course I'm managing all trading set ups on market flow, movement and power. That gives me confidance to stay in trade or get out from set up position. Elite strategy gives me same faster decisions what is normal because it contains more knowledge.