EliteTradingSignals

EliteTradingSignals

Hello, Friends! Previous week’s green candle means that for us the AUD/JPY pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 93.835. Disclosure: I am part of Trade...

EliteTradingSignals

Hello, Friends! GBP/CAD is trending up which is evident from the green colour of the previous weekly candle. However, the price has locally plunged into the oversold territory. Which can be told from its proximity to the BB lower band. Which presents a beautiful trend following opportunity for a long trade from the support line below towards the supply level...

EliteTradingSignals Updated 

BITCOIN SIGNAL Trade Direction: long Entry Level: 104,672.03 Target Level: 107,484.65 Stop Loss: 102,785.72 RISK PROFILE Risk level: medium Suggested risk: 1% Timeframe: 3h Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ✅LIKE AND COMMENT MY IDEAS✅

EliteTradingSignals Updated 

Hello, Friends! We are going short on the GBP/USD with the target of 1.344 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band. However, we should use low risk here because the 1W TF is green and gives us a counter-signal. Disclosure: I am part...

EliteTradingSignals Updated 

Hello, Friends! AUD/USD pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 1D timeframe the pair is going up too. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is...

EliteTradingSignals Updated 

BITCOIN SIGNAL Trade Direction: short Entry Level: 105,952.89 Target Level: 102,605.64 Stop Loss: 108,184.39 RISK PROFILE Risk level: medium Suggested risk: 1% Timeframe: 4h Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ✅LIKE AND COMMENT MY IDEAS✅

EliteTradingSignals Updated 

Hello, Friends! We are going short on the EUR/CHF with the target of 0.938 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band. However, we should use low risk here because the 1W TF is green and gives us a counter-signal. Disclosure: I am part...

EliteTradingSignals Updated 

Hello, Friends! GBP/CHF pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 3H timeframe the pair is going up too. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is...

EliteTradingSignals

SILVER SIGNAL Trade Direction: short Entry Level: 3,599.6 Target Level: 3,126.8 Stop Loss: 3,914.2 RISK PROFILE Risk level: medium Suggested risk: 1% Timeframe: 1D Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ✅LIKE AND COMMENT MY IDEAS✅

EliteTradingSignals

Hello, Friends! GBP/AUD pair is in the downtrend because previous week’s candle is red, while the price is obviously rising on the 2H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 2.074 because the pair is overbought due to its proximity to the upper BB band and a bearish correction...

EliteTradingSignals

USOIL SIGNAL Trade Direction: short Entry Level: 73.94 Target Level: 72.14 Stop Loss: 75.12 RISK PROFILE Risk level: medium Suggested risk: 1% Timeframe: 2h Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ✅LIKE AND COMMENT MY IDEAS✅

EliteTradingSignals Updated 

NZD/USD SIGNAL Trade Direction: short Entry Level: 0.607 Target Level: 0.603 Stop Loss: 0.610 RISK PROFILE Risk level: medium Suggested risk: 1% Timeframe: 3h Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ✅LIKE AND COMMENT MY IDEAS✅

EliteTradingSignals

EUR/NZD SIGNAL Trade Direction: short Entry Level: 1.922 Target Level: 1.899 Stop Loss: 1.938 RISK PROFILE Risk level: medium Suggested risk: 1% Timeframe: 12h Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ✅LIKE AND COMMENT MY IDEAS✅

EliteTradingSignals

Hello, Friends! EUR/AUD is making a bullish rebound on the 12H TF and is nearing the resistance line above while we are generally bearish biased on the pair due to our previous 1W candle analysis, thus making a trend-following short a good option for us with the target being the 1.762 level. Disclosure: I am part of Trade Nation's Influencer program and...

EliteTradingSignals

Hello, Friends! The BB upper band is nearby so EUR-CAD is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 1.575. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their...

EliteTradingSignals

GOLD SIGNAL Trade Direction: short Entry Level: 3,373.69 Target Level: 3,193.23 Stop Loss: 3,493.66 RISK PROFILE Risk level: medium Suggested risk: 1% Timeframe: 1D Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ✅LIKE AND COMMENT MY IDEAS✅

EliteTradingSignals

EUR/JPY SIGNAL Trade Direction: short Entry Level: 167.194 Target Level: 165.108 Stop Loss: 168.580 RISK PROFILE Risk level: medium Suggested risk: 1% Timeframe: 17h Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ✅LIKE AND COMMENT MY IDEAS✅

EliteTradingSignals

Hello, Friends! Bearish trend on EUR/GBP, defined by the red colour of the last week candle combined with the fact the pair is overbought based on the BB upper band proximity, makes me expect a bearish rebound from the resistance line above and a retest of the local target below at 0.846. Disclosure: I am part of Trade Nation's Influencer program and receive...