elementec

elementec

hello traders. After almost 20 year EUR and USD don't cost the same and past week we saw that happening due to DXY pressure. although there were too many buyers waiting on the psychological level aswell and that made price engulf the last selling candle showing a possible reversal on the current trend. lets see what we will have on the upcoming week although I...

elementec

hello traders after having another look at etc I can say that the shorts are valid due to the structure and recession.

elementec

hello traders. ETH has been ranging from 1000 to 1250 and actually on the top of the range. Its easy to see that the upcoming days will probably show the retest to 1000. although nothing is sure on the markets. I'll look for a good short on this one.

elementec

hello traders it has been a week since I sent my last analysis of bitcoin. I see a long opportunity and I hope the bullish trend hold on the 61.8 so we can reach higher prices such as 21500.

elementec

hello traders. who else thinking that GJ will fly to 170? yes we have an upward channel and price rejected from 61.8 fib level breaking the first downtrend counter-trendline.

elementec

hello traders. I was checking the EURJPY setup and it looks very clear for longs I believe that when it breaks thew downtrend price will fly toward new higher levels.

elementec

Hello traders worldwide. EURJPY has just reacted to the 61.8 Fibonacci level to the upside but still on a consolidation box. what to expect next? breakout of trend line and push to the highs of 144.00 or break out support targeting 133.00.

elementec

hello everyone. Eurusd had a massive 350 pip fall from the psycological price of 1.05 now needs to breathe. probably we will have EURUSD going back to prices such as 1.0350 and 1.0500

elementec

Hey traders. past week we had USDCAD going against our perspective although got back bellow Psycological Level 1.3000 i still believe in Shorts.

elementec

Hello traders. Bearish engulfing for the Eurusd this week and already looking good for shorts. hope it creates new lows asap. although the bullish probability still valid.

elementec

Hello traders. is gold getting back at 1830 resistance? not sure although its a high probability since we have some liquidity to be filled over the 1830 area.

elementec

Hello traders. USDCAD showing the perfect structure for sellers. lets hope it shorts asap. fake out spotted on third touch of trend line, Lower low expected after lower high had been created at the Fake out.

elementec

Hello traders, ethereum may bounce back up since we just got into the second half of the year and we shall see certain corrections on the price. currently on a range in which sellers are in control. buyers are creating a flag trying to push price higher with no success. lets wait to see by the week what we will get.probably shorts.

elementec

Hello traders. We are back at the second half of the year and I expect bitcoin to test 20.000 before creating new lows such as 18.000. its just an idea lets see how it performs.

elementec

Hello traders how are you today. I see two scenarios for EURUSD Long and short. I'm trusting the shorts more than the longs because the structure indicates that a new Low can possible be created. I also like the way the Exponential moving average is actually holding the price bellow it. 1.0750 or 10250. I will go for 1.0250. If the structure changes I will update...

elementec

Hello traders based on my ETH perspective, New lows are expected to be taken since we got into the second half of the year. after this massive push up I personally expect that if 1000 be broken, 950 will be our bottom.

elementec

Hello traders. BTC just did a strong push up overnight leaving so many questions to retail investors. actually this is due to the Monthly closure, opening today the July candle. Anyway the daily candle closed as a shooting star bellow EMA. a slight push to the downside is still yet to be expected. 18800 will possible be taken out to create new lows.

elementec

Hello traders worldwide. Is bitcoin coming back to 19500? its a high probability since its breaking Lows. we may look for a safe entry on this one since it has left us with great Lower high structure. I hope it follows the downtrend trendline accordingly.