EliteFxAcademy

EliteFxAcademy

We are looking for short entry with target at weekly support level at 0.70060. On the other hand if price broke the weekly resistance line at 0.70930 we will trade it to our 1. target GWS at 0.71260.

EliteFxAcademy Updated 

Most of the time we trade with a trend and the important part is to know in which territory is price. When you know the territory you know the direction of the price, where to enter, exit and put your stop loss. Trading is not hard, just do not use too many useless indicators ( all of them are lagging ) and simplify the process of trading. We are looking for...

EliteFxAcademy

Price is between sellers and buyers territory, thats what we call indecision zone. Major trend is bearish but we can look for short term bullish move above the 1.54800 where price come back in buyers territory but on H1 time frame.. Trend reversal can be expected when price broke weekly resistance level at 1.55030. Until then we can trade it to that point or of...

EliteFxAcademy

Overall trend is bearish but price did not make a new lower low so we are looking for buy setup above the weekly resistance level at 0.94389. More safe buy entry is in buyers territory at 0.94540.

EliteFxAcademy

Price is stabilizing on daily support level at 1.77234. Overall we are in sellers territory so we are looking for potential sell setup below the daily level. If price broke the range at 1.77657 we are looking for buy potential setup with 1. target at 1.78300 where is the start of sellers territory.

EliteFxAcademy

Price is at the important and strong resistance level. We are looking on rejection from that level for sell opportunity and on the other hand if price broke that level and closed above it we can look for possible buy entry. Will update the idea.

EliteFxAcademy

We are looking for buy entry above the 75.750 when price is back in buyers territory. Overall price is still in sellers territory on H4 and daily time frame so like we said before, we will look for buy entry above the 75.750 level.

EliteFxAcademy

We are at the end of buyers territory so we are looking for sell below that level or buy after the confirmation that this level will hold. Overall price is in up trend so we prefer buy over sell.

EliteFxAcademy

Price is at elite spot on H4 time frame. Everything is marked on the chart so we prefer buy over sell but if price which is still in sellers territory rejects from elite spot then we will look for sell entry.

EliteFxAcademy

We always keep it simple so after the close of h4 candle we are looking for sell entry. Price is in sellers territory, rejected from previous daily high, engulfing H4 candle and down trend on higher time frames.

EliteFxAcademy

After news that Trump has a covid-19 there was a strong bearish momentum. We are looking for sell opportunity next week at marked levels, especially at elite spot.

EliteFxAcademy Updated 

Price reached elite spot for and rejected from weakly resistance level at 1.08983. We are looking for sell entry with stop loss above the buyers territory.

EliteFxAcademy

Price reached the elite spot, its below the previous daily high so we are looking for sell potential entry. Price is also in sellers territory.

EliteFxAcademy Updated 

Price broke previous daily low at 126.135, buyers are weak and we can see 3 bearish impulsive moves. Our first target is at 125.400

EliteFxAcademy

Price reached top of the range so we make trading simple and are waiting on break of that range or rejection and possible short entry with target at 69.800 where is solid support level.

EliteFxAcademy

After weekly pinbar where most of the traders expect the further drop, big players start to buy and price is rising with strong momentum. We are also still in buyers territory so we prefer buy over sell but only above the weekly resistance level at 117.500.

EliteFxAcademy

Price is at previous weekly high at 0.66024 so we are waiting on valid break and long position or rejection from that level and sell entry with target at the bottom of the range.

EliteFxAcademy

On Tuesday pair made a strong bullish momentum candle on daily time frame and reached the top of the range. If price breaks the structure we will look for buy potential setup after correction to the structure at 140.000. If price will not make a new HH and closed below 139.600 then we are looking for sell setup with a target to the bottom of the range at 138.250