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Weeklyanalysis

AUDCHF – Previous week was crazy, from both price action and newAUDCHF – Previous week was crazy, from both price action and news announcement Trend: Buy Neutral Support/Resistance: R3: 0.68363 R2: 0.67923 R1: 0.67621 S1: 0.67227 S2: 0.66872 Price action: Pirce seem sellers tok of the stage. But overall trade is still in buyers ayes. If sellers are enough strong then, they should push the price lower from R1. If buyers can handle above R1 then next potencial Sell is at R2 to test again R1. This trade is a very tricky, but good for education. Potencial trade idea: Bulls targets: T1 = 0.67227 T2 = 0.66872 Bears targets: T1 = 0.67923 T1 = 0.68363 NOTE – We are trading AUDCHF via the preferred trading setups ELITEFXACADEMY 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.
Education
by EliteFxAcademy
[b]GBPJPY – trending depends on breaking this range and Gbp perfGBPJPY – trending depends on breaking this range and Gbp performance. Trend: Strong Buy Price action: Buyers still didn't show any power. If we compare lower timegrame, then sellers are in much better position in compare to buyers. Overall market is still in buyers trending, but in any chance be aware of any break that wil happen. Potencial trade idea: Bulls targets: T1 = 140.699 T2 = 143.270 T3 = 145.741 Bears targets: T1 = 137.227 NOTE – We are trading GBPJPY 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. ELITEFXACADEMY
Education
by EliteFxAcademy
[b]USDJPY – USD potenicial buy[/b]USDJPY – USD potenicial buy Trend: Strong Buy Support/Resistance: R3: 111.068 R2: 110.240 R1: 109.718 S1: 108.969 S2: 108.647 S3: 108.325 Price action: We've been same in this trade from previous week because of buyers good momentum. The end of week end up at great position for potencial buy side. If something will change then follow risk management rules from elite strategy lessons. Potencial trade idea: Bulls targets: T1 = 109.718 T2 = 110.240 T3 = 111.068 Bears targets: 108.325 NOTE – We are trading USDJPY 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. ELITEFXACADEMY
Education
by EliteFxAcademy
EURCHF – this pair is at risky level, where we have to wait for EURCHF – this pair is at risky level, where we have to wait for sell if we get sign Trend: Sell/neutral Support/Resistance: R1: 1.10259 S1: 1.09775 S2: 1.08999 S3: 1.08375 Price action: Buyers were keep going to break resistance level at ,but sellers showed first push few days ago very strong. If they will push again, then we know the answer, but if the buyers keep going and hold above first resistance level, then buyers will have open position. Potencial trade idea: Bears targets: T1: 1.08999 T2: 1.08375 NOTE – We are trading EURCHF via the preferred trading setups by EliteFxAcademy
Education
by MP4
1
BTCUSD Weekly Candle Close| EMA's Crossing | Weekly Higher Low?Hello Traders! Welcome back to today’s chart update, which will be on Bitcoins weekly chart, where we have a potential indecision candle close? The weekly trend maybe putting in its local higher low however the EMA’s are showing bearish signs near the psychological $8000 level… Points to consider - Trend still bullish on weekly (Testing trend line) - Major structural support at $6000 level - Local resistance at .236 Fibonacci - Stochastics projected downwards - RSI testing support - Volume declining - EMA’s crossing Trend is still bullish on weekly until trend line is broken, price did fail to make a higher high on first attempt due to local resistance at the .236 Fibonacci level. Bitcoin needs to break this level to put in a higher high to continue this trend. However, there are a few bearish signs that need to be considered, Bitcoin is currently forming an indecision candle at a very critical point, and it is below the EMA’s and at the psychological level of $8000. Major structural support will be tested if the .618 Fibonacci level does not hold, it is probable for a bounce to come to fruition here due to its historical significance. The stochastics is projecting downwards momentum, it can stay here for an extended period of time if this bearish scenario was to play out. The RSI is testing a key support area, where a bounce will dictate a bullish scenario playing out and vice versa for the bearish scenario. Volume is well below average, this usually means that a volatile move in any direction is highly probable. The EMA’s are crossing bearish, this is a very bad sign for the bulls as the EMA’s has held BTC support throughout the whole bull market. A cross will be very bearish and will most likely push Bitcoin to lower levels… What are your thoughts on Bitcoin’s current price action? Will we break bearish or bullish from this psychological level of $8000? Please leave a like and comment And remember, “It’s OK to be wrong; it’s unforgivable to stay wrong.” -Martin Zweig
BITFINEX:BTCUSDShort
by AzizKhanZamani
Bitcoin Analysis on the WeeklyGood evening traders! Bitcoin is bouncing off of $7,700 support on the weekly, holding strong so far. Interestingly, starting in August, Bitcoin is following an odd green, red, red, red pattern weekly. So far, we appear to be in a green candle. Not that I can say I have firm reason to believe this will continue, but I would be skeptical of any red candle closes below $7,700. If I were in Bitcoin, my stops would be set up to protect the huge gap between $5,253.74 and $7,700. $10,148.51 is the next High Volume Node going in the opposite direction. It is noteworthy that as we zoom out on this chart, there is a more historic high volume node at the $6,400, which may provide support. These figures may seem far fetched, but we've seen some huge price moves in August and September, only time will tell if Bitcoin continues to bounce. Keep an eye out for my daily and 4h charts for some short term fun! I'll link in the comments. Disclaimer: This is NOT trading advice! These are merely my opinions that I have posted for educational reasons only. I hope you all kill it, but I am not responsible for any financial losses. Thanks for reading!
COINBASE:BTCUSD
by CryptoRichCrypto
LTC/USD first Bullish signs after halving, going for $250?Welcome fellow Tradingviewers, This analyses is only showing you guys my vision on LTC and should not be considered as financial advice. If you agree or find this analyses usefull, dont forget to leave a Like! We have taken a close look at the LTC/USD and LTC/BTC graph. We have seen huge gains in the beginning of this year due to the block halving that LTC went through. We caught some great moves including the trade all the way towards the $140 area. Since then LTC has been having a hard time in BTC and USD value, we have made a 50% correction in USD terms and a 66% correction in BTC terms. We have opened long positions on both of the pairs and secured a big bag for the long run. We have bought LTC at 65, 67.5 and yesterday at 69.75. The reason behind the trade is that we are now approaching and possibly bouncing from weekly 50MA , which is the moving average that has not been retested since the break above. LTC/USD might also be making a big Cup and Handle pattern on the weekly graph. The Cup and Handle pattern is a very reliable pattern. Therefore we will add to our bag as soon as we see a breakout of this cup and handle. LTC/BTC is also starting to show the first bullish signs after a 66% correction. We are currently trading around the weekly support level and we the last weekly candle has closed as a Hammer candle. Hammer candles are usually located after a significant downtrend and indicate a trend reversal is near. So overall LTC is looking very bullish, targets in USD terms for the short term are $100, $120 and $160 but we believe that there is a pretty high chance that we might extend all the way towards $250 . We will ofcourse update you guys on the way. If you have any questions or comments please leave them below or send a message to @forallcrypto on instagram. Safe trading to all of you! Kind regards, The Forallcrypto team
BINANCE:LTCUSDLong
by ForAllCrypto
Bitcoin important weekly closeHello everybody! I am back from vacation and decided to share my thoughts on BTC/USD pair. (*Going to do more on other pairs too.*) Bitcoin needs to close above 11490$ on weekly to get a chance for 16000$. If we close below, which I believe is not likely - more consolidation and decision time might extend for at least couple more weeks. Only weekly close below 10700$ would invalidate this wave count and btc would likely head straight to 7-8k zone. I studied BTC price action for years and what I noticed that wave 2 or in this case wave (II) has deep correction. As you can see, wave 2 retraced 0.786 before 3rd wave kicked in. This move is very impulsive and this time 0.786 should not be touched. Fib 0.618 should act as support on weekly (volatility might get us lower to catch more bears and panic sellers). Stoping at 1.236 with decent volume and big spike would offer good spot to short or at least sell and wait for better price to re-enter. I will be waiting for 0.618 to finish II wave. After that - party will really start. ****In long term I am very bullish eyeing anywhere from 110k - to my original target of 350k. All depends on how aggressive and steep is price action. ** This idea is NOT A FINANCIAL ADVISE. BITSTAMP:BTCUSD
BITSTAMP:BTCUSDLong
by Patrikas10
2
$BTC in a Weekly Bull Flag since April 2019? Target $18k in Oct!Hi everyone, Here's another update on Bitcoin on the Weekly Chart! After completing the flag pole in June, Bitcoin may be in the process of completing the bull flag structure as it continues downtrending to $8.5k. A simple extrapolation target of this bull flag sets Bitcoin at $18,200 in mid-to-late October 2019. This is inline with our ultimate EOY target of $40k per Bitcoin. We all know how Q4 tends to be the most parabolic and bullish season of the year, particularly November and December. Let's see how this plays out! Cheers, Leb Crypto
BITTREX:BTCUSDLong
by Leb_Crypto
US Dollar Currency Index / W / Weekly Forex Analysis / 6.30.2019Hello Traders, welcome to the Weekly Forex technical analysis. Today is June 30th, 2019 and we will be taking a look at the U.S. Dollar Currency Index on the weekly chart just to get into the calendar, and have an outlook into the upcoming week. Looking at the Dollar Index here on a weekly time frame, we can see the DXY ended pretty mixed last week. Going into this next first week of July 1st, we will be looking for the Dollar Index to make a move from its current state of indecision. Couple of scenarios could play out we could see this indecision play out a bit longer, or we could see some follow through from the dollar. Currently on the DXY we are watching the 96.493 and the 97.465 areas for resistance. And watching the 95.662 and 94.635 areas of levels of previous support. Thank you for tuning in please feel free to write a comment or leave some feedback, any advice is greatly appreciated. Have great day and good hunting out there traders!
INDEX:DXY
by FuturesForexClasses