Get started

Elitestrategy

EURGBP getting ready for sellHello Eurgbp is currentlz moving in range flow, but once it will confirm sell trend again you can start looking for sell on D1 and h4 timeframe. Price is holding position below overall channelling, but this is not clear confirmation for bearish move. Bearish move will be confirmed once price broke lower low of h4 timeframe and did a clear retracement. The second option is that price did a clear retracemenent from channell current resistance and close daily bearish candle.
Short
by EliteFxAcademy
Hard to wait for NZDUSD Hello guys In our published trade and analysis on NZDUSD we found a great opportunity to share with you. About every inch detail, our members have in vip conversation, but let's go through this trade anyway. NZDUSD pair is at the moment in overall sellers territory under sellers power pressure, because USD currency is at the moment very strong. On the other side NZD currency having a rest from last week. In this trade scenario opportunity stands for other detail explanation too, but too sum up, nzdusd is moving lower because price have to get stable for bullish side if buyers are going to move forward. So we are looking our support areas or we can say targets in our scenario at: T1: 0.67725 T2: 0.67342 T3: 0.67090 T4: Possible continuation but we'll see later
Short
by EliteFxAcademy
1
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
Short
by EliteFxAcademy
USDJPY strong buyHello guys In stih case usdjpy is at overall bullish trending on daily timeframe. Price in overall analysis cycle is moving at bullish territory, and is stuck between strong bearish momentum (last sellers push) and calm bullish momentum. Because sellers from last attempt didn't decide or push second time, we believe this might be just a break for them, because buyers have now open area, so we can see at spotted targets crytical behaviour. At first bullish upcoming movement, we believe there's fourth touch from channelling. At 4th touch at previours Higher high level, we have to be aware that price might get declined if there's won't be any bullish momentum. If buyers are able to hold position, our overall target is at 116.728. You can trade this trade with three options.
Long
by EliteFxAcademy
1
Warm your brains and observe dataHello everyone In this scenario price at NZDUSD currency pair haven't confirm any fact, but it's good to have NZDUSD in our minds. This pair might be good for trading later, we just need more data, more facts, before we hit a button for buy/sell. At the moment NZDUSD currency pair is in bearish trending and bearish territory. One interesting thing at this pair is that bulls confirm lower low level at the last swing 0.67409 where they got stable and probably they're are not letting bears to get away so easily. This explanation is mean for 4H timeframe. If we are following price from very start where last territory started, we can see strong bearish movement where red zone is marked. Things got complicated ones bulls snap back from confirmed lower low area at 0.67409. Price eventually reach up to 0.68190 new resistance level (buyers H1 higher high level). And here we go, we have one bearish movement on H4 timeframe and bullish movement on H1 timeframe. Bullish movement is now also observed for H4 timeframe, because price broke 0.67878 resistance level which was important for H4 bears. To sum this up, I want to tell you price is headed downside with possible sideway trading or price is going to reach buyers H1 higher high second time. at 0.68190 level. This will cause rangging on h4 timeframe. If bulls can hold that position, we have to count in our analysis daily timeframe to. Anyway, if price can broke 0.67409 support level, bearish side will continue trending. Do not miss GBPCHF analysis.
by EliteFxAcademy
EUR/AUD - Price Action Analysis - D1 To interpret this situation, you need to get the concept of price action. Market is made of forces, sometimes that are directional, without any forces coming against. Also there are forces that oppose each other at some point in time. In this example, there is a D1 trendline plotted, which carries a D1 energy (D1 Trendline). While D1 force is on the way up, it meets a W1 force (yellow rectangle) that is an ABA (Acceleration - Base - Acceleration), thanks to the candle structure on the way down (blue rectangle). So we have a D1 force on the way up against a W1 force on the way down. W1 force down will win over the D1 force up. D1 players (bulls) have set their Stop Losses ( 1.5730) at 2ATR below the level where they enter (1.5950), which is a support to the market (market structure level in green). As a result, because this move on the way down is caused by D1 players who are panicking, you will experience only downward (red) D1 candles from now till the green support level.
Short
by Trade4gammapo
EUR/AUD - Prediction of price movementPrice hit the upward trendline and is fading around 1.6035. The energy on the way up is over. Price is now bearish all the way to 1.5730. The trendline game is a D1 game. The market has reached its end point. W1 players are going to force the D1 players to get stopped out by pushing down against D1 bulls. This is the current downward rally to be expected. Each D1 candle from 1.6072 till 1.5730 are going to close down (red). I would suggest you try to find a way to get in the bearish swing on H4 or H1. This tutorial is for direction purpose only. As a D1 player, placing an entry @ 1.6030 with a 1 ATR SL, I would be expecting to achieve 6RR (6$ profit for 1$ loss).
Short
by Trade4gammapo
NZDCAD might need a little more timeNZDCAD compared to nzdchf pair (linked below) and is correlated with slower move at the moment. This currency pair need some more proves before any trade entrace. It has potential upside and downise move. If upside move will continue higher, then our target should be at 0.90744 resistance level. If price will continue higher then momentum and volume from bullish side has to break confidently, unless we'll close or take half profit and move Sl higher. If downside move will continue overall bearish trending, then price has to break 0.90189 support level and retrace it on lower timeframe. While this trade will be entered, we are looking for first potential target at 0.89575 and second at 0.89053 where is based strong daily demand. Also daily whales will start looking at this spot. If you want to trade also with our live trade $ shared set ups, you can join our free trading room and made free profit. Stay cool but better educated Elitefxacademy
Short
by EliteFxAcademy
NZDCHF caught in decision spotNZDCHF currency pair fall into a decision spot. This is is telling us posible trend reverse on H1 timeframe or bullish continuation from daily perspective. If bearish move from H1 trending continuation will happen, we are looking price to break an important support level at 0.62560. If bullish move from daily perspective will push price higher, then current spot is counted as third touch of daily/ h4 timeframe flow. If price will continue higher, then retracement from lower timeframe is expected before entering positions. Why is this spot dangerous to trade at the moment? This spot is dangerous to trade because we have confusion between strong daily buyers, price is still in buyers overall move and trending on h1 timeframe is showing potential bearish downside move. Bullish target: up to 0.63271 resistance level Bearish targets: T1: 0.61984 T2: 0.61449
by EliteFxAcademy
EURCHF analysis for bullish sideEurchf might take another run up to test strong resistance zone between 1.08662 and 1.08713. This resistance area is important and was unbreakable for long perioud of time. Bullish side tested this zone many times, but without any success. This is why is hard to expect price will end up above mentioned resistance zone this time. Plus more, from last two tries price hit recent resistance zone and the opposite side hit back for 90 - 100%. Which means sellers has enough power to hold resistance zone for longer time. We published this analysis for practice and bullish possible third try. The point is that, if buyers will fail their next try which is expected, then seller will defence it too. Sellers might face off even earlier like at 1.08500 resistance level. This is actually our first expected target. Still important is that, we are still in strong buyers territory no matter if sellers keep bouncing. Also volume is strong and daily's are on bullish side. If there won't be any action taken from bullish side, it is better to wait for another opportunity Bullish entry, if price will hold above 1.08232 resistance level First target: 1.08500 resistance level Second target: 1.08662 to 1.08713 resistance level *drawings are made superficially on purpose. We do not want to reveal all our Elite secrets, but once you are one of Elite, then every analysis become easy to understand and fun to trade. Watch also more potential trades linked below - nzdusd analysis and trade set up Good trading Elitefxacademy
Long
by EliteFxAcademy
2
NZDUSD fascinating for short positionNZDUSD fascinating for short position also correlated to audusd currency pair (analysis linked below). USD currency is getting atractive while the supply spot in getting attractive to usd investors between 0.70795 and 0.70722 resistance zone. On the other side Kiwi has reached a new higher high level a week ago. Currency tried to continue bullish at few tries from 4H and H1 timframe perspective but without much strengt. Is this the question buyers are getting tired or sellers are trying to shorten positions? To this answer we are calling out one of our Elite students who is proving important facts about nzdusd analysis. He said that Nzdusd might hit short targets. By that currency will test stronger support zone on daily timeframe, between 0.69123 and 0.69268 critical levels. From this spot we have to respect further facts about overall trend for this currency pair. Expectations for nzdusd currency pair: Price is expected to break 0.70317 support level and hold bellow. With price confirmation, we are going to enter short position and start looking for three lower targets: T1: 0.70209 T2: 0.69627 T3: 0.69272 If price won't go as we speculate, then price might test resistance level at 0.70668. Why we are drawing this way, can be understandable to every trader especially if you are Elite one. *drawings are made superficially on purpose. We do not want to reveal all our Elite secrets, but once you are one of Elite then every analysis become easy to understand* If you'd like to know why and how we look chart and manage price action with elite custom indicator system, you are more then welcome in our Elitefxacademy community Good trading Elitefxacademy
Short
by EliteFxAcademy
AUDUSD is ready for short positions, ifHello, Elite traders. AUDUSD short position is ready when price break 0.74083 support level by doing another retracement from the same level. Retracement is needed because we are still in overall buyers territory. Our strenght meter from our custom indicator is showing short flow on USD dollar. On the other side, AUD currency pair did well move from previous bullish analysis (check linked message). We took out our profits from trading table. Our custom currency meter is giving us dirrection flow which telling us important facts of suspecious turning point for this particular currency pair. Another provement will be followed next week after market will open, from our previous support / resistance levels. Designed trending indicator is 55% bullish with price action of double top pattern. This is positively low for staying bullish from the last AUDUSD setup. Therefore this is another good sign audusd might be good for shorting position. Entry below 0.74083 support level First target at strong support zone at 0.73501 Second target at strong support zone at 0.73055 *drawings are made superficially on purpose. We do not want to reveal all our Elite secrets, but once you are one of Elite then every analysis become easy to understand* If you'd like to know why and how we look chart and manage price action with elite custom indicator system, you are more then welcome in our Elitefxacademy community Wish you great weekend Elitefxacademy
Short
by EliteFxAcademy
This might not be tomorrow's buy yetAUDUSD is headed for a new swing flow, from overall bullish market. The problem is that price close at the end of week above higher high level but didn't maintain enough time to prove its entering spot. Our expectation for this currency pair is showing potential bullish moment after sellers first reaction of the market. Your job as a buyers, is to follow momentum flow (this time on 1 hour timeframe). Therefore, if price will go straight up, then wait for closing perioud of 4 hour candle and do not getting into the market from 1 hour timeframe overview. Hope this short explanation from audusd will helps you find your balance. If you're interesting for more, you can also join our daily suggestions Good trading Elitefxacademy
Long
by EliteFxAcademy
3
AUDUSD should pull back lowerAudusd is caught in overall channelling. Both buyers and sellers are compelling strong, while the overall channel is in sellers territory. It is hard to know which side should continue trending move, but we can still trade it well. We are looking this trade as potential if price broke through first support level at price 0.72363. Sellers might push price lower to our first target at 0.71612. First target is very important for buyers too, so we will be looking this very closely. That means, we have to follow lower timeframe momentum too, when one side will made a breaking/ bouncing decision. Sellers next target is at 0.70831. Setting up Stop Loss to break even and following it lower... If price will bounce, we have to wait for more patterns and fact data. We hope this was helpful. Good trading Elite traders. ELitefxacademy
Short
by EliteFxAcademy
NZDCAD might be very interesting to tradeNZDCAD is in very interesting turned trending spot. Buyers are in very strong territory, where decision was made. But there's not end yet, because continuation of this new trending flow might continue to higher targets. We are expecting price to bounce from first support level at 0.89326. From this bouncing spot, we will start looking for buyers volume. If buyers will close daily enough stong, then H4 target is at first resistance at 0.89911. If price will continue further, then moving Stop Loss to break even is next step to do, because we don't know how price might behave in Elite neutral spot. If price will break Elite neutral spot, we can expect our next target at 0.90801. Hope this was helpful Best trading Elitefxacademy
Long
by EliteFxAcademy
AUDJPY fall into range for trend decisionHello everyone We are looking this trade on 4H idea for proving decision daily trend idea. If sellers might break first support level, then we are going to follow reverse of this trend. If sellers got denied, then we have to watch closely at neutral spot. Neutral spot means possible shape of daily range. In this case, watch buyers behaviour and assess buyers momentum. Do not forget how sellers try hard to turn overall trending* We will be trading this pair with our custom indicator and share to all members in elite discussion room. Good trading Elite traders Elitefxacademy
by EliteFxAcademy
Bitcoin might go long but for how long ...Bitcoin fell down yesterday very strong, which might be a good reason for continuation for reverse. This might be a good sign for continuation, but after all we have to appreatiate media hype, so we are heded to FIRST and SECOND targets first to decide wether buy will continue or crash again. From the moment when market fell down on sunday, bitcoin left its new unfulfilled futures gap. As expected, we can say this gap might gap fulfilled first, before possible crash afterwards. If momentum and expected second target will base new support level then we can expect also third target up to 11k or even to 12k (hard to hit) Short term target: T1: 9500$ T2: 10 000$ (Possible return expected) T3: 10500$ Wish you good trading, Follow us for more updates on bitcoin BTCUSD Elitefxacademy
BITFINEX:BTCUSD
by EliteFxAcademy
CADCHF might go bullishCadChf is at the moment in neutral zone, but we expecting bulling way, if price will break first resistance. From first resistance (break), following first target, price will be still in neutral zone, because of overall sell crash. From first target to second resistance and target. price has to break enough strong to see potential third target. Achieving second target is much more posibilities to continue to third target. Third target is overall target for now. Following we'll see from updates. Don't forget to follow us if you wanna get updated on each analysis at the same moment as we make our statement clear. Wish you good trading tomorrow Elitefxacademy
by 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
TVC:USOIL
by EliteFxAcademy
We are looking for USDCAD potential sellUsdcad is at the moment in bearsih flow, but first we have to fait proving break at 1.40312 support level. If price will prove maintaince below this support level, we can see strong potential bearish move to 1.38757 support level. (average spot support). If price will deny for sell and climb up above 1.40000 new resistance level, then buyers has to maintain above and proving their move by momentum strenght. Possible way is bearish trade idea. Happy trading Give us feedback, ask us and make some profit with us. Happy trading, Elitefxacademy
by 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
BITSTAMP:BTCUSD
by 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
BITSTAMP:BTCUSDShort
by EliteFxAcademy