EliteFxAcademy

EliteFxAcademy

Many investors and traders are still optimistic about bitcoin. But how positive are they while price have been stuck in consolidation from first of May till now. It is hard to be patient and I'm really sorry for many Hodlers, who are 100% sure that Bitcoin will continue bullish trend without any retracement. I honestly believe Bitcoin will continue bullish, once...

EliteFxAcademy

School example of buy setup :smile: Price tested the structure with weeak momentum so we expected that bulls will be back. Honestly we rarely trade exotic pairs.

EliteFxAcademy Updated 

From yesterday Bitcoin failed (expectancy mentioned in video), we gave our better entry to IOTA which is showing performance with IOTAUSD and IOTABTC. From yesterday crash, IOTA sellers did last retracement from only H4 timeframe, which was faile (expectancy mentioned in video). At the moment IOTAUSD is headed to break supply level and continue to our expected...

04:34

EliteFxAcademy

We've been in long sellers channel till last buyers showed their performance on last channel touch. That means channel switched from sellers to buyers side. Right now all we need is just wait and see following expectations Martin explained in video. IOTAUSD VIDEO ANALYSIS Elitefxacademy

07:25

EliteFxAcademy

EURNZD broke thorouh longterm channel on Daily timeframe. After this breaking method was not clear from retracement structure. It is hard to answer IF we got clear retracement to continue daily trend idea, so we are expecting for anouther breaking idea from Lower Low or sellers will test recent Lower Low and continue range movement by new retracement from daily...

10:13

EliteFxAcademy

IOTA might perform very strong in upcoming days, weeks... but as you can see we explained you short term analysis for this smart cryptocurrency. So on, Iota have already gave us signs to entering position in buy. Previous week volume and broken resistance tell us bullish performance and sellers failure. Because we didn't broke last supply, we still have to, even...

EliteFxAcademy

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

02:35

EliteFxAcademy

AUDJPY broke out from longterm channel movement yesterday on 26th of May, 2020 and did around 1,7% daily average movement. We got new Higher High which is not proved yet, but this might be a very god sign to move in trend idea. We got first trend confirmation, but right now we have to see if sellers are out of gas (liquidity) and test new support levels. We can...

EliteFxAcademy

Nzd chf designed its channel from H4 timeframe. From this channel we can see how sellers were trying their push stronger then lazy buyers did. There might be a problem to continue even lower targets, from this pair, but still we can see a good sell idea from current resistance level (if retracement is proved). We are expecting targets where is following channel...

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....

EliteFxAcademy

USDCAD looks as potentian pair for buy on 4h timeframe. From yesterday we can see how strong momentum was reached from dollar side. To decide where this will continue, we have to reache few resistance levels, so we can decide where to go next. Price is caught is range from daily perioud. This is very interesting for all elite traders. You can practice, learn and...

EliteFxAcademy

EURCAD is headed back to higher high target. From the moment where this pair sign up continuation trend idea, is bounce at 1.52211 new support level. Before we hit Daily Higher High, we have to test first 1.52661 new resistance level on H1 timeframe. This might be desicion spot for trend continuation to first target at 1.53476 resistance level and second target to...

EliteFxAcademy

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...

EliteFxAcademy

CadChf 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...

EliteFxAcademy Updated 

Neo is at the moment in very good shape also with bitcoin because as we can see whole crypto market is correlated at the moment. But the difference is that we can see on the chart (daily closing is important), neo is LEADING at the moment versus Bitcoin. So that means, even if bitcoin hold position over weekend, Neo will blow this chart to targets we draw in out...

EliteFxAcademy

Cryptocurrency neo opened its door for buy. Momentum is good, and also break out was clean. If daily close will stay strong in shape of bullish candle then, it will continue stronger. Elitefxacademy wish you best trading!

EliteFxAcademy

Sellers are weaker then before and we are closely monitor the 1.07500 level which is strong support level and where price could reverse back to bullish.

EliteFxAcademy

US 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...