Buyers advantages: strong volume break out from channel first trend sign new strong support level new higher high Follow us for more and get fast updates when there is need for any kind of confirmation you need. Thank you for listening Check video explanation here Elitefxacademy
First of all, we have to wait H1 decision. Price might go to 76.02 resistance level (bounce!), and then continue short or price will continue from current level, but first it has to break lower low level and prove it on H1 timeframe. We assume this trade is clear entry from CAD weakness. Can is getting weaker for a few days long, and its weakness is increasing....
SP500 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...
If 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...
EURGBP 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...
AUDUSD break out our level on custom indicator. Layz buyres flow end up. So that was a good example when on dominant side is ''we need more buyers, to sell harder'' - in this case for sell idea We have custom indicator that help us prevent perfect decision, which help us with confidance and decisional time on each trade Elitefxacademy
Price prediction is expected to retrace after this fall. Price reached very strong support from monthly perious. Our expectation is that price has to retrace if can break S1 to next resistance. If price get declined then breaking from lower support level is actually new short entry to lower supports.
BTCUSD – Sellers are extremly strong by momentum Trend: Sell/ Neutral Support/Resistance: R2: 10028 R1: 9078.50 S1: 8255 S2: 7678 Price action: BTCUSD is at current level neutral from decisional spot perspective. Overall market is still bullish, but for short term decision we are more bearish. Decision, when is the right time to sell Bitcoin or buy it, is when...
CADJPY – We can expect retracement from that bearish momentum Trend: Sell/ Neutral Support/Resistance: R3: 84.332 R2: 82.244 R1: 81.480 S1: 80.251 S2: 78.879 Price action: CADJPY currency pair closed bellow very important resistance level. If price will break that level then Sell will continue. First we can expect price to get higher to first resistance level...
AUDUSD – Follow the right flow idea Trend: Sell/ Neutral Support/Resistance: R3: 0.68246 R2: 0.66717 R1: 0.65818 S1: 0.64330 S2: 0.62864 Price action: At current flow, market is in bearihs flow. But because buyers bounced from 0.64330 new support level very strong, then we can expect short correction for now to 0.65818 resistance level. From overall...
Welcome 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. NZDJPY – we are waiting on decision Trend : Neutral Support/Resistance: R3: 71.815 R2: 71.300 R1: 70.800 S1: 70.523 S2: 70.013 S3: 69.253 Price action: In this case...
Welcome 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. GBPAUD – Buyers are getting confidance on bullish gbp Trend: Sell/ Neutral Support/Resistance: R3: 1.98000 R2: 1.97580 R1: 1.95173 S1: 1.90928 S2: 1.90928 Price...
Welcome 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. GBPNZD – Buyers might continue way higher Trend: Strong Buy Support/Resistance: R4: 2.08077 R3: 2.05600 R2: 2.04171 R1: 2.02991 S1: 2.02059 S2: 2.00027 Price action:...
Welcome 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. CHFJPY – Sellers on the track Trend: Strong Sell Support/Resistance: R2: 112.111 S1: 111.768 S2: 111.373 S3: 111.034 Price action: Market on CHFJPY currency pair is...
Welcome 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. CADCHF – Waiting for breaking method to sell even lower if... Trend: Strong Buy Support/Resistance: R3: 0.75030 R2: 0.74591 R1: 0.74080 (still counted as resistance...
Welcome 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. GBPNZD – Good looking buy Trend: Strong Buy Support/Resistance: R3: 2.05609 R2: 2.03502 R1: 2.02991 S1: 2.02059 S2: 2.00196 Price action: In this case GBPNZD currency pair...
Welcome 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. NZDCHF – Waiting for breaking method to sell even lower if... Trend: Sell/ Neutral Support/Resistance: R2: 0.62816 R1: 0.62728 S1: 0.62350 S2: 0.62171 S3: 0.61916 Price...
Welcome 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. EURJPY – Sellers has to break channel first Trend: Sell/ Neutral Support/Resistance: R3: 121.000 R2: 120.375 R1: 119.974 S1: 119.767 S2: 119.265 S3: 118.489 Price...