EliteFxAcademy

EliteFxAcademy

NZDCAD 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...

EliteFxAcademy

NZDCHF 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...

EliteFxAcademy

Eurchf 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...

EliteFxAcademy

NZDUSD 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...

EliteFxAcademy

Hello, 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...

EliteFxAcademy

Hello traders In this case we are looking gold trading idea from overall bullish direction. From first H4 breaking - Daily whales were not looking interested in defending own demand zone. Because it's hard to know whether is just a tricky part or not At daily recent Lower Low 1798.73$ - 4 hour whales tried first breaking move and failed. Daily whales bounced back...

EliteFxAcademy

AUDUSD 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...

EliteFxAcademy

EURNZD looks amazing for buy and for sell at the moment. We have to be careful here because, every wrong mindset can take a part of our stake. As a trader, your job is to ignore your hopes and picture you are looking at first moment, but focus on facts and find all kinds of data we learned in Elitefxacademy educational program. In this case, we have to know that...

EliteFxAcademy

In trading it is important to be patient because you can easily makes bad things. Wise versa, this trade has already began to start. In our first 4 hour candle, price broke down through very important resistance (previous* - elite traders knows). Because price is keep falling down, it will be much smarter and wait for H4 CLOSING. If closing will be strong, we...

EliteFxAcademy

Audusd 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...

EliteFxAcademy

NZDCAD 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...

EliteFxAcademy

NZDJPY is at the moment in strong trending movement. Our expectation for price is to wait, till sellers move price downward to possible strong support level at 71.216. if price will not test support level, then buying curiousity is above sellers first shooting perioud. This is above second resistance level at 72.506 Everything between 72.085 and 72.506 we are...

EliteFxAcademy

We 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...

EliteFxAcademy

Hello 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...

EliteFxAcademy

Hello 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...

EliteFxAcademy

Price come back to the start of buyers territory so we need to wait on confirmation for long or short entry. Everything is in the analysis...

EliteFxAcademy

We are currently in the range and sellers territory. If price broke the top of the structure, our first target is at the start of sellers territory because we prefer trading with a trend not against it.. The next option is to go with a trend and wait on break of the bottom of the structure.

EliteFxAcademy

Price is closed to the top of the structure so we need a clear break of it and after that look for buy setup. If price rejected from that resistance level we are looking for sell setup ( look the analysis ).