EliteTradingSignals

EliteTradingSignals

Hello, Friends! Previous week’s green candle means that for us the EUR/USD 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 1.133. Disclosure: I am part of Trade...

EliteTradingSignals

GOLD SIGNAL Trade Direction: short Entry Level: 3,346.66 Target Level: 3,283.88 Stop Loss: 3,388.42 RISK PROFILE Risk level: medium Suggested risk: 1% Timeframe: 9h 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

AUD/CHF SIGNAL Trade Direction: short Entry Level: 0.524 Target Level: 0.520 Stop Loss: 0.526 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

Hello, Friends! NZD/CHF is trending down which is clear from the red colour of the previous weekly candle. However, the price has locally surged into the overbought territory. Which can be told from its proximity to the BB upper band. Which presents a classical trend following opportunity for a short trade from the resistance line above towards the demand...

EliteTradingSignals

Hello, Friends! AUD/NZD pair is in the downtrend because previous week’s candle is red, while the price is clearly rising on the 4H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 1.087 because the pair is overbought due to its proximity to the upper BB band and a bearish correction is...

EliteTradingSignals Updated 

GBP/AUD SIGNAL Trade Direction: short Entry Level: 2.092 Target Level: 2.060 Stop Loss: 2.114 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 Updated 

Hello, Friends! GBP-NZD uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 2.251 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the GBP/NZD pair. Disclosure: I am part of...

EliteTradingSignals

BITCOIN SIGNAL Trade Direction: short Entry Level: 111,047.38 Target Level: 109,294.85 Stop Loss: 112,211.89 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

CAD/CHF SIGNAL Trade Direction: long Entry Level: 0.580 Target Level: 0.603 Stop Loss: 0.565 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! NZD/CAD pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 5H 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

Hello, Friends! We are going short on the CHF/JPY with the target of 179.028 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! It makes sense for us to go long on GBP/JPY right now from the support line below with the target of 198.556 because of the confluence of the two strong factors which are the general uptrend on the previous 1W candle and the oversold situation on the lower TF determined by it’s proximity to the lower BB band. Disclosure: I am part of Trade...

EliteTradingSignals

USOIL SIGNAL Trade Direction: short Entry Level: 68.26 Target Level: 63.78 Stop Loss: 71.23 RISK PROFILE Risk level: medium Suggested risk: 1% Timeframe: 9h 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

NZD/JPY SIGNAL Trade Direction: short Entry Level: 88.157 Target Level: 87.575 Stop Loss: 88.542 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

Hello, Friends! CAD/JPY is making a bullish rebound on the 3H 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 106.671 level. Disclosure: I am part of Trade Nation's Influencer program and...

EliteTradingSignals

Hello, Friends! The BB upper band is nearby so AUD/JPY 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 95.252. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their...

EliteTradingSignals Updated 

Hello, Friends! EUR/CHF pair is trading in a local downtrend which know by looking at the previous 1W candle which is red. On the 1H timeframe the pair is going up. 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 0.934...

EliteTradingSignals

SILVER SIGNAL Trade Direction: short Entry Level: 3,674.6 Target Level: 3,550.8 Stop Loss: 3,756.2 RISK PROFILE Risk level: medium Suggested risk: 1% Timeframe: 9h 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✅