ETHUSD – Ethereum on bullish side on the way to testing followinWelcome to our Academy. We’re here to help you achieve what you have been looking for.
Use our free analysis where you have everything you need for potencial trade ideas and profit.
ETHUSD – Ethereum on bullish side on the way to testing following levels
Trend: Buy/ Neutral
At the moment: Buy/ Neutral
Price now: 167$
Support/Resistance:
R2: 179.60
R1: 172.65
S1: 164.85
S2: 162.15
S3: 158.10
S4: 151.90
Price action:
Ethereum is following bullish flow to following targets. As we can see sellers already failed to break lower on last swing low. Becasue of that fail, we can easily expact price to go back to higher high from retracement on level 164.85$
Potencial trade idea:
Bulls targets:
T1: 172.65
T2: 179.60
Bears targets:
T1: 158.10
NOTE – We are trading ETHUSD via the preferred trading setups by EliteFxAcademy
Disclaimer: Martin’s views on the Chart analysis is ment as a trading advice for education terms; Education terms include: trading consistency to everyone who is reading this blog; for every advance student and for every Elite student who is using this analysis for managing his equity by Elite strategy and custom indicator. This analysis is understandable and transparent for all Elite students. This is a free content which is based from Academy in term of transparency to support and following progress to everyone. We know that there is always possible way that market can pull you out even when you follow our analysis blog and advice for a trade. We don’t publish where you have to have your risk management – Stop Loss, because, it would not be fair to Elite members, who learned this techniques in our Elite course.
Keywords:
Elite strategy, Custom Indicator, Fundamental Analysis , Tehnical analysis, Price action, Advanced strategies, Trading Education
Good trading!
Elitefxacademy
Elitefxacademy
EURJPY – Sellers on the way to test lower levelsWelcome to our Academy. We’re here to help you achieve what you have been looking for.
Use our free analysis where you have everything you need for potencial trade ideas and profit.
EURJPY – Sellers on the way to test lower levels
Trend: Sell/ Neutral
Support/Resistance:
R4: 122.496
R3: 121.361
R2: 120.900
R1: 120.774
S1: 119.947
S2: 119.230
S3: 118.496
Price action:
At the momentu Eurjpy currency pair is between decisional are. This trade might take time to decide bullish continuation or bearish trending reversal. To follow this trade, we can say that price is still in buyers territory but bears are headed to achieve following target. If price will go berish way, then sellers have to broke first support and then they are going likely to test 118.496 strong buyers level. If the price get denied, then we can fall into a range flow for a while.
Potencial trade idea:
Bulls targets:
T1: 122.496
Bears targets:
T1: 119.947
T2: 119.230
T3: 118.496
NOTE – We are trading EURJPY via the preferred trading setups by EliteFxAcademy
Disclaimer : Martin’s views on the Chart analysis is ment as a trading advice for education terms; Education terms include: trading consistency to everyone who is reading this blog; for every advance student and for every Elite student who is using this analysis for managing his equity by Elite strategy and custom indicator. This analysis is understandable and transparent for all Elite students. This is a free content which is based from Academy in term of transparency to support and following progress to everyone. We know that there is always possible way that market can pull you out even when you follow our analysis blog and advice for a trade. We don’t publish where you have to have your risk management – Stop Loss, because, it would not be fair to Elite members, who learned this techniques in our Elite course.
Keywords:
Elite strategy, Custom Indicator, Fundamental Analysis , Tehnical analysis, Price action, Advanced strategies, Trading Education
Good trading!
Elitefxacademy
EURGBP – Sellers on the possible win win trackWelcome to our Academy. We’re here to help you achieve what you have been looking for.
Use our free analysis where you have everything you need for potencial trade ideas and profit.
EURGBP – Sellers on the possible win win track
Trend: Sell/ Neutral
Support/Resistance:
R3: 0.85361
R2: 0.84877
R1: 0.84544
S1: 0.84236
S2: 0.83643
S3: 0.82731
Price action:
Market is getting power on EURGBP sell side. In this case Bears has to retrace from first resistance level at 0.84544. After this retracement market has to close on daily chart below 0.84236 support level to continue its way down and treat this trade as a bearish trade idea. The overall flow might take longer time to reach bearish targets because of bullish pull back on the left side. If bulls are able to get higher then their potencial trade will be between 0.84877 and 0.85361 resistance level which is hard to expect but possible to sell even later.
Potencial trade idea:
Bulls targets:
T1: 0.85361
Bears targets:
T1: 0.83643
T2: 0.82731
NOTE – We are trading EURGBP via the preferred trading setups
Disclaimer: Martin’s views on the Chart analysis is ment as a trading advice for education terms; Education terms include: trading consistency to everyone who is reading this blog; for every advance student and for every Elite student who is using this analysis for managing his equity by Elite strategy and custom indicator. This analysis is understandable and transparent for all Elite students. This is a free content which is based from Academy in term of transparency to support and following progress to everyone. We know that there is always possible way that market can pull you out even when you follow our analysis blog and advice for a trade. We don’t publish where you have to have your risk management – Stop Loss, because, it would not be fair to Elite members, who learned this techniques in our Elite course.
Keywords:
Elite strategy, Custom Indicator, Fundamental Analysis , Tehnical analysis, Price action, Advanced strategies, Trading Education
Good trading!
Elitefxacademy
EURCHF– Sellers are still dominantWelcome to our Academy. We’re here to help you achieve what you have been looking for.
Use our free analysis where you have everything you need for potencial trade ideas and profit.
EURCHF– Sellers are still dominant
Trend: Strong Sell
Support/Resistance:
R3: 1.08318
R2: 1.07959
R1: 1.07824
S1: 1.07324
S2: 1.06813
S3: 1.06342
Price action:
In this case overall flow of EURCHF currency pair is sellers trending way. If we compare buyers and sellers in this case, we can say that buyers tried to break resistance level at 1.07824. They got slaped because of overall selling power, which tells us continuation of this trending idea to potencial targets, if the price broke below 1.07324 support level. On the way up, we can still expect bulls trial, but overall bullish idea will be after breaking their first target. Until then we can be focus on bearish trade idea.
Potencial trade idea:
Bulls targets:
T1: 1.07959
Bears targets:
T1: 1.06813
T2: 1.06342
NOTE – We are trading EURCHF via the preferred trading setups
Disclaimer : Martin’s views on the Chart analysis is ment as a trading advice for education terms; Education terms include: trading consistency to everyone who is reading this blog; for every advance student and for every Elite student who is using this analysis for managing his equity by Elite strategy and custom indicator. This analysis is understandable and transparent for all Elite students. This is a free content which is based from Academy in term of transparency to support and following progress to everyone. We know that there is always possible way that market can pull you out even when you follow our analysis blog and advice for a trade. We don’t publish where you have to have your risk management – Stop Loss, because, it would not be fair to Elite members, who learned this techniques in our Elite course.
Keywords:
Elite strategy, Custom Indicator, Fundamental Analysis , Tehnical analysis, Price action, Advanced strategies, Trading Education
Good trading!
Elitefxacademy
USDCAD – Buyers at very good positionWelcome to our Academy. We’re here to help you achieve what you have been looking for.
Use our free analysis where you have everything you need for potencial trade ideas and profit.
USDCAD – Buyers at very good position
Trend: Buy/ Neutral
Support/Resistance:
R3: 1.32490
R2: 1.31750
R1: 1.31150
S1: 1.30471
S2: 1.30000
S3: 1.29500
Price action:
In this case we can see potencial buyers bounce, which can be used as a one more fact to go bullish on usdcad currency pair. Because Elite bullish trading idea is still on bearish side we have to be carefull and play on sellers fails that might happen later in this case. USDCAD currency pair have potencial buy if the price will bounce from first support level at 1.30630. Plus more usd currency is at strong momentum from overall usd index.
Potencial trade idea:
Bulls targets:
T1: 1.31150
T2: 1.31750
T3: 1.32490
Bears targets:
T1: 1.30000
NOTE – We are trading USDCAD via the preferred trading setups by EliteFxAcademy
Disclaimer: Martin’s views on the Chart analysis is ment as a trading advice for education terms; Education terms include: trading consistency to everyone who is reading this blog; for every advance student and for every Elite student who is using this analysis for managing his equity by Elite strategy and custom indicator. This analysis is understandable and transparent for all Elite students. This is a free content which is based from Academy in term of transparency to support and following progress to everyone. We know that there is always possible way that market can pull you out even when you follow our analysis blog and advice for a trade. We don’t publish where you have to have your risk management – Stop Loss, because, it would not be fair to Elite members, who learned this techniques in our Elite course.
Keywords:
Elite strategy, Custom Indicator, Fundamental Analysis , Tehnical analysis, Price action, Advanced strategies, Trading Education
Good trading!
Elitefxacademy
GBPUSD – Price has to make a decisionWelcome to our Academy. We’re here to help you achieve what you have been looking for.
Use our free analysis where you have everything you need for potencial trade ideas and profit.
GBPUSD – Price has to make a decision
Trend: Sell/ Neutral
Support/Resistance:
R4: 1.31038
R3: 1.33635
R2: 1.32110
R1: 1.31038
S1: 1.29092
S2: 1.27902
S3: 1.27066
Price action:
At the moment gbpusd price is stucked betweeen overall bulls and potencial bears. How can we recognize perfect timing will tell us our Elite strategy, but first of all this trade might be more risky to trade then it looks, because of possible volatility and spikes. Trade idea is more on bearish side then bullish, even if overall market is still showing more bullish. Important to follow is second resistance at 1.27902 level, because if the price will break this level and hold below, we can see second and third target. For now first target is more test for buyers then potencial target if you're trader for healty profit and not Trade chaser. On the other side if the market get bounce and continue bullish, then healty trade idea starts from 1.27902 level.
Potencial trade idea:
Bulls targets:
T1: 1.33635
Bears targets:
T1: 1.29092
T2: 1.27902
T3: 1.27066
NOTE – We are trading GBPUSD via the preferred trading setups by EliteFxAcademy
Disclaimer: Martin’s views on the Chart analysis is ment as a trading advice for education terms; Education terms include: trading consistency to everyone who is reading this blog; for every advance student and for every Elite student who is using this analysis for managing his equity by Elite strategy and custom indicator. This analysis is understandable and transparent for all Elite students. This is a free content which is based from Academy in term of transparency to support and following progress to everyone. We know that there is always possible way that market can pull you out even when you follow our analysis blog and advice for a trade. We don’t publish where you have to have your risk management – Stop Loss, because, it would not be fair to Elite members, who learned this techniques in our Elite course.
Keywords:
Elite strategy, Custom Indicator, Fundamental Analysis , Tehnical analysis, Price action, Advanced strategies, Trading Education
Good trading!
Elitefxacademy
USDJPY – Buyers already in good shapeWelcome to our Academy. We’re here to help you achieve what you have been looking for.
Use our free analysis where you have everything you need for potencial trade ideas and profit.
USDJPY – Buyers already in good shape
Trend: Buy/ Neutral
Support/Resistance:
R2: 111.046
R1: 110.234
S1: 109.938
S2: 109.726
S3: 109.316
Price action:
Price is still waiting for finnal usdjpy break at 110.234 resistance level which will prove bullish trending idea. For now we might seen some retracements, but overall USD currency is at strong bullish sign. If buyers broke first resistance then we can expect potencial bullish target at 111.046 level. If sellers still have some power to retrace strong enough, then price flow can fall into potencial bulls range.
Potencial trade idea:
Bulls targets:
T1: 110.234
T2: 111.046
Bears targets:
T1: 109.938
NOTE – We are trading USDJPY via the preferred trading setups by EliteFxAcademy
Disclaimer : Martin’s views on the Chart analysis is ment as a trading advice for education terms; Education terms include: trading consistency to everyone who is reading this blog; for every advance student and for every Elite student who is using this analysis for managing his equity by Elite strategy and custom indicator. This analysis is understandable and transparent for all Elite students. This is a free content which is based from Academy in term of transparency to support and following progress to everyone. We know that there is always possible way that market can pull you out even when you follow our analysis blog and advice for a trade. We don’t publish where you have to have your risk management – Stop Loss, because, it would not be fair to Elite members, who learned this techniques in our Elite course.
Keywords:
Elite strategy, Custom Indicator, Fundamental Analysis , Tehnical analysis, Price action, Advanced strategies, Trading Education
Good trading!
Elitefxacademy
BTCUSD – Let's see first sellers how much power they still haveWelcome to our Academy. We’re here to help you achieve what you have been looking for.
Use our free analysis where you have everything you need for potencial trade ideas and profit.
BTCUSD – Let's see first sellers how much power they still have
Trend: Buy/ Neutral
At the moment: Sell/ Neutral
Price now: 8642.55
Support/Resistance:
R2: 10307.74
R1: 9106.68
S1: 8001.05
S2: 7593.96
S3: 7266.36
S4: 6555.78
S5: 5771.10
Price action:
For this potencial trade idea it is better to wait for more data then we have now. Bitcoin price is stucked between overall bullish perioud and recently sell, which presents more neutral chart then potencial trade idea for now.
Price broke the Channel and bounced from it. If the price will break 9106.68 resistance level and hold above, then we can follow next bullish target to 10307.74 level.
If the price will go down below Bitcoin channel, then we have to see Bearish retracement at deeper buyers support. First Bitcoin buyers support is at 7593.96 level and second at 7266.36 level. If buyers will not show performance at these levels, then sellers has open era to first target at 6555.78 and second target at 5771.10 level.
BTCUSD Potencial trade idea:
Bulls targets:
T1: 8200
T2: 9106.68
T3: 10307.74
Bears targets:
T1: 6555.78
T2: 5771.10
NOTE – We are trading BTCUSD via the preferred trading setups by EliteFxAcademy
Disclaimer: Martin’s views on the Chart analysis is ment as a trading advice for education terms; Education terms include: trading consistency to everyone who is reading this blog; for every advance student and for every Elite student who is using this analysis for managing his equity by Elite strategy and custom indicator. This analysis is understandable and transparent for all Elite students. This is a free content which is based from Academy in term of transparency to support and following progress to everyone. We know that there is always possible way that market can pull you out even when you follow our analysis blog and advice for a trade. We don’t publish where you have to have your risk management – Stop Loss, because, it would not be fair to Elite members, who learned this techniques in our Elite course.
Keywords:
Elite strategy, Custom Indicator, Fundamental Analysis , Tehnical analysis, Price action, Advanced strategies, Trading Education
Good trading!
Elitefxacademy
NZDJPY – Buyers has to break S1 to mark this trade more confidanWelcome to our Academy. We’re here to help you achieve what you have been looking for.
Use our free analysis where you have everything you need for potencial trade ideas and profit.
NZDJPY – Buyers has to break S1 to mark this trade more confidant
Trend: Buy/ Neutral
Support/Resistance:
R3: 74.668
R2: 74.094
R1: 72.945
S1: 71.811
S2: 71.499
S3: 70.861
Price action:
In this case scenario price is stuck at recent higher high level 72.65 and still will not prove perfect dirrection to break this level. This is why buyers has to break first resistance and hold above this level. After that, price can see potencial targets.
At the moment price already bounced from suportical levels which giving us one more signal to see this pair more bullish then bearish.
Potencial trade idea:
Bulls targets:
T1: 74.094
T2: 74.668
Bears targets:
T1: 71.811
NOTE – We are trading NZDJPY via the preferred trading setups by EliteFxAcademy
Disclaimer: Martin’s views on the Chart analysis is ment as a trading advice for education terms; Education terms include: trading consistency to everyone who is reading this blog; for every advance student and for every Elite student who is using this analysis for managing his equity by Elite strategy and custom indicator. This analysis is understandable and transparent for all Elite students. This is a free content which is based from Academy in term of transparency to support and following progress to everyone. We know that there is always possible way that market can pull you out even when you follow our analysis blog and advice for a trade. We don’t publish where you have to have your risk management – Stop Loss, because, it would not be fair to Elite members, who learned this techniques in our Elite course.
Keywords:
Elite strategy, Custom Indicator, Fundamental Analysis , Tehnical analysis, Price action, Advanced strategies, Trading Education
Good trading!
Elitefxacademy
EURJPY – Price is at waiting bullish momentWelcome to our Academy. We’re here to help you achieve what you have been looking for.
Use our free analysis where you have everything you need for potencial trade ideas and profit.
EURJPY – Price is at waiting bullish moment
Trend : Strong Buy
Support/Resistance:
R5: 124.680
R4: 123.517
R3: 123.392
R2: 122.526
R1: 121.751
S1: 121.354
S2: 119.996
Price action:
This currency pair is at the moment on very strong bullish edge. Because we can't decide yet, it is better to wait for finnal Elite strategy sign. For everyone who is not yet Elite member we recomend that price broke First resistance level and then test Second resistance level. If Buyers are able to break second important resistance level which is marked as last daily higher high, then price is expected to see following targets.
Potencial trade idea:
Bulls targets:
T1: 122.526
T2: 123.392
T3: 123.517
T4: 124.680
Bears targets:
T1: 121.751
NOTE – We are trading EURJPY via the preferred trading setups by EliteFxAcademy
Disclaimer: Martin’s views on the Chart analysis is ment as a trading advice for education terms; Education terms include: trading consistency to everyone who is reading this blog; for every advance student and for every Elite student who is using this analysis for managing his equity by Elite strategy and custom indicator. This analysis is understandable and transparent for all Elite students. This is a free content which is based from Academy in term of transparency to support and following progress to everyone. We know that there is always possible way that market can pull you out even when you follow our analysis blog and advice for a trade. We don’t publish where you have to have your risk management – Stop Loss, because, it would not be fair to Elite members, who learned this techniques in our Elite course.
Keywords:
Elite strategy, Custom Indicator, Fundamental Analysis , Tehnical analysis, Price action, Advanced strategies, Trading Education
Good trading!
Elitefxacademy
GBPCHF – Sellers on the decisional edge Welcome to our Academy. We’re here to help you achieve what you have been looking for.
Use our free analysis where you have everything you need for potencial trade ideas and profit.
GBPCHF – Sellers on the decisional edge
Trend : Sell/ Neutral
Support/Resistance:
R3: 1.30175
R2: 1.28902
R1: 1.28029
S1: 1.26765
S2: 1.25092
S3: 1.24123
S4: 1.22013
Price action:
Overall flow is neutral, because the market still didn't decide which side is dominant. At the moment sellers are more powerfull then buyers, but we can't said yet this is sellers trade till the price break S1 level. If sellers will break S1 level, then price will follow potencial bear targets. If sellers will make fakeout then we have to wait for market decisions and finding new our potencail Elite spot.
Thoughts on this trade spot: At the moment GBPCHF currency pair is bearish. The problem we see is at current point because sellers didn't take advantage for selling lower, but they stopped. First we have to wait for buyers pull back that is dependent on next supportical resistance levels.
Continuation from previous week*
Potencial trade idea:
Bulls targets:
T1: 1.28902
T2: 1.30175
Bears targets:
T1: 1.25092
T2: 1.24123
NOTE – We are trading GBPCHF via the preferred trading setups by EliteFxAcademy
Disclaimer: Martin’s views on the Chart analysis is ment as a trading advice for education terms; Education terms include: trading consistency to everyone who is reading this blog; for every advance student and for every Elite student who is using this analysis for managing his equity by Elite strategy and custom indicator. This analysis is understandable and transparent for all Elite students. This is a free content which is based from Academy in term of transparency to support and following progress to everyone. We know that there is always possible way that market can pull you out even when you follow our analysis blog and advice for a trade. We don’t publish where you have to have your risk management – Stop Loss, because, it would not be fair to Elite members, who learned this techniques in our Elite course.
Keywords:
Elite strategy, Custom Indicator, Fundamental Analysis , Tehnical analysis, Price action, Advanced strategies, Trading Education
Good trading!
Elitefxacademy
GBPAUD – Sellers still on bearish sideWelcome to our Academy. We’re here to help you achieve what you have been looking for.
Use our free analysis where you have everything you need for potencial trade ideas and profit.
GBPAUD – Sellers still on bearish side
Trend: Strong Sell
Support/Resistance:
R2: 1.95436
R1: 1.91019
S1: 1.85032
S2: 1.82091
S3: 1.79908
Price action:
Overall flow is more bearish then bullish. First market has to decide which side is dominant more dominant for long term trade. Furthermore Sellers are more powerfull then buyers on Daily timeframe. Potencial sell targets are on the proving edge of first resistance. If sellers can hold below, then we can see first target at 1.85032 level. If buyers will be weak in this case, then sellers have open trade to second target at 1.82091 level.
If the price will be denyed from sell side, then buyers might push the price from 1.91019 level to 1.93952.
Continuation from previous week*
Potencial trade idea:
Bulls targets:
T1: 1.95436
Bears targets:
T1: 1.85032
T2: 1.82091
NOTE – We are trading GBPAUD via the preferred trading setups by EliteFxAcademy
Disclaimer: Martin’s views on the Chart analysis is ment as a trading advice for education terms; Education terms include: trading consistency to everyone who is reading this blog; for every advance student and for every Elite student who is using this analysis for managing his equity by Elite strategy and custom indicator. This analysis is understandable and transparent for all Elite students. This is a free content which is based from Academy in term of transparency to support and following progress to everyone. We know that there is always possible way that market can pull you out even when you follow our analysis blog and advice for a trade. We don’t publish where you have to have your risk management – Stop Loss, because, it would not be fair to Elite members, who learned this techniques in our Elite course.
Keywords:
Elite strategy, Custom Indicator, Fundamental Analysis , Tehnical analysis, Price action, Advanced strategies, Trading Education
Good trading!
Elitefxacademy
GBPCAD – Sellers might be ready to hit again Welcome to our Academy. We’re here to help you achieve what you have been looking for.
Use our free analysis where you have everything you need for potencial trade ideas and profit.
GBPCAD – Sellers might be ready to hit again
Trend : Sell/ Neutral
Support/Resistance:
R2: 1.72774
R1: 1.70913
S1: 1.69772
S2: 1.69200
S3: 1.67039
Price action:
Sellers might be ready to hit again, counted from power they showed last days. Overall trade is still buyers till sellers prove reverse, if they will. This is clue to follow Elite strategy instructions.
From price action flow, sellers might retrace from R1 level or go straight to first targert. If sellers are able to hold below first target, which spot is more important then this moment, we can easily go further to second target or even lower.
Thoughts on this trade spot: At the moment GBPPCAD currency pair is getting strong bearish signs but still we recommend to follow daily updates.
Continuation from previous week*
Potencial trade idea:
Bulls targets:
T1: 1.72774
Bears targets:
T1: 1.67039
NOTE – We are trading GBPCAD via the preferred trading setups by EliteFxAcademy
Disclaimer: Martin’s views on the Chart analysis is ment as a trading advice for education terms; Education terms include: trading consistency to everyone who is reading this blog; for every advance student and for every Elite student who is using this analysis for managing his equity by Elite strategy and custom indicator. This analysis is understandable and transparent for all Elite students. This is a free content which is based from Academy in term of transparency to support and following progress to everyone. We know that there is always possible way that market can pull you out even when you follow our analysis blog and advice for a trade. We don’t publish where you have to have your risk management – Stop Loss, because, it would not be fair to Elite members, who learned this techniques in our Elite course.
Keywords:
Elite strategy, Custom Indicator, fundamental Analysis , Tehnical analysis, Price action, advanced strategies, Trading Education
Good trading!
Elitefxacademy
NZDJPY – Buyers are close to reaching potencial targetsNZDJPY – Buyers are close to reaching potencial targets
Trend: Strong Buy
Support/Resistance:
R2: 74.625
R1: 71.094
S1: 72.945
S2: 72.487
S3: 71.827
Price action:
Following trending idea is headed to new buyers targets, if buyers are able to hold above level S1 and then keep momentum strong. In whole idean, sellers can attact right after market will open or buyers will continue to our previous targets we published before.
Potencial trade idea:
Bulls targets:
T1: 71.094
T2: 74.625
Bears targets:
T1: 71.827
NOTE – We are trading NZDJPY via the preferred trading setups by ELITEFXACADEMY
Disclaimer: Martin’s views on the Chart analysis is ment as a trading advice for education terms; Education terms include: trading consistency to everyone who is reading this blog; for every advance student and for every Elite student who is using this analysis for managing his equity by Elite strategy and custom indicator. This analysis is understandable and transparent for all Elite students. This is a free content which is based from Academy in term of transparency to support and following progress to everyone. We know that there is always possible way that market can pull you out even when you follow our analysis blog and advice for a trade. We don’t publish where you have to have your risk management – Stop Loss, because, it would not be fair to Elite members, who learned this techniques in our Elite course.
Keywords:
Elite strategy, Custom Indicator, Fundamental Analysis , Tehnical analysis, Price action, Advanced strategies, Trading Education
Good trading!
Elitefxacademy
GBPAUD – Sellers might try lower points to test buyers..GBPAUD – Sellers might try lower points to test buyers..
Trend: Strong Sell
Support/Resistance:
R3: 1.90356
R2: 1.89011
R1: 1.88161
S1: 1.86490
S2: 1.85757
S3: 1.84321
S4: 1.83031
Price action:
Buyers and Sellers might be at decisional spot. If we compare both sides, we a clear that buyers didn’t show any power. Do you think they are still waiting or they fade for some time?
Sellers at the moment are still testing buyers side, but we’ll know if sellers are strong enough to continue after breaking S1 and hold below. This will be tricky trade to all new traders, but for us, this is a good example to practice and get better lesson.
Potencial trade idea:
Bulls targets:
T1: 1.90356
Bears targets:
T1: 1.85757
T2: 1.84321
T3: 1.83031
NOTE – We are trading GBPAUD via the preferred trading setups by ELITEFXACADEMY
Disclaimer: Martin’s views on the Chart analysis is ment as a trading advice for education terms; Education terms include: trading consistency to everyone who is reading this blog; for every advance student and for every Elite student who is using this analysis for managing his equity by Elite strategy and custom indicator. This analysis is understandable and transparent for all Elite students. This is a free content which is based from Academy in term of transparency to support and following progress to everyone. We know that there is always possible way that market can pull you out even when you follow our analysis blog and advice for a trade. We don’t publish where you have to have your risk management – Stop Loss, because, it would not be fair to Elite members, who learned this techniques in our Elite course.
Keywords:
Elite strategy, Custom Indicator, Fundamental Analysis , Tehnical analysis, Price action, Advanced strategies, Trading Education
Good trading!
Elitefxacademy
EURAUD – Sellers keep moving forwardEURAUD – Sellers keep moving forward
Trend: Sell Neutral
Support/Resistance:
R3: 1.61807
R2: 1.60908
R1: 1.60468
S1: 1.59558
S2: 1.58804
S3: 1.57752
Price action:
This trade is very good to understand reversals. In this case you can see overall buyers zone, but if we compare both sides momentum flow, then we can understand that Aud currency is playing strong role in every case for this week. The point to follow true breaking method is that price has to come below S1 for final decision.
Potencial trade idea:
Bulls targets:
T1: 1.61807
Bears targets:
T1: 1.58804
T2: 1.57752
NOTE – We are trading EURAUD via the preferred trading setups by ELITEFXACADEMY
Disclaimer: Martin’s views on the Chart analysis is ment as a trading advice for education terms; Education terms include: trading consistency to everyone who is reading this blog; for every advance student and for every Elite student who is using this analysis for managing his equity by Elite strategy and custom indicator. This analysis is understandable and transparent for all Elite students. This is a free content which is based from Academy in term of transparency to support and following progress to everyone. We know that there is always possible way that market can pull you out even when you follow our analysis blog and advice for a trade. We don’t publish where you have to have your risk management – Stop Loss, because, it would not be fair to Elite members, who learned this techniques in our Elite course.
Keywords:
Elite strategy, Custom Indicator, Fundamental Analysis , Tehnical analysis, Price action, Advanced strategies, Trading Education
Good trading!
Elitefxacademy
AUDUSD – Moving price action will go buyers way from now even hiAUDUSD – Moving price action will go buyers way from now even higher
Trend: Buy/ Neutral
Support/Resistance:
R2: 0.90968
R1: 0.90733
S1: 0.89759
S2: 0.89256
S3: 0.88320
S4: 0.86780
Price action:
Buyers alredy prove strong break from previous daily high. This is giving buyers power and confidance on this trades. This trade is caught between buyers changing flow and overall sellers flow, which might be confusion to other traders. This is why closing Stop Loss position is important in trading. This trades might not hit all mentioned targets, because we can see on the other side stronger sellers. To sum up, following entry point and targets are potencial if you follow instructions from course.
Potencial trade idea:
Bulls targets:
T1: 0.90733
T2: 0.90968
Bears targets:
T1: 0.86780
NOTE – We are trading AUDUSD via the preferred trading setups ELITEFXACADEMY
Disclaimer: Martin’s views on the Chart analysis is ment as a trading advice for education terms; Education terms include: trading consistency to everyone who is reading this blog; for every advance student and for every Elite student who is using this analysis for managing his equity by Elite strategy and custom indicator. This analysis is understandable and transparent for all Elite students. This is a free content which is based from Academy in term of transparency to support and following progress to everyone. We know that there is always possible way that market can pull you out even when you follow our analysis blog and advice for a trade. We don’t publish where you have to have your risk management – Stop Loss, because, it would not be fair to Elite members, who learned this techniques in our Elite course.
Keywords:
Elite strategy, Custom Indicator, Fundamental Analysis , Tehnical analysis, Price action, Advanced strategies, Trading Education
Good trading!
Elitefxacademy
CHFJPY – Buyers finnaly face off true power..Welcome to our Academy. We’re here to help you achieve what you have been looking for.
Use our free analysis where you have everything you need for potencial trade ideas and profit.
CHFJPY – Buyers finnaly face off true power..
Trend: Strong Buy
Support/Resistance:
R4: 114.586
R3: 113.931
R2: 113.482
R1: 112.858
S1: 111.965
S2: 111.286
S3: 110.824
Price action:
Buyers are finnaly face off with sellers and strike up. So the trending flow was already known from last trades we published and give to everyone instructions about chfjpy pair. Because Chf broke previous levels very strong, we might see slowly move. On the other side, if Jpy currency will be that low as we see from colleration moving perioud, then we can see easily all potencial targets on this currency pair.
Potencial trade idea:
Bulls targets:
T1: 110.824
Bears targets:
T1: 112.858
T2: 113.482
T3: 113.931
T4: 114.586
NOTE – We are trading CHFJPY via the preferred trading setups by ELITEFXACADEMY
Disclaimer: Martin’s views on the Chart analysis is ment as a trading advice for education terms; Education terms include: trading consistency to everyone who is reading this blog; for every advance student and for every Elite student who is using this analysis for managing his equity by Elite strategy and custom indicator. This analysis is understandable and transparent for all Elite students. This is a free content which is based from Academy in term of transparency to support and following progress to everyone. We know that there is always possible way that market can pull you out even when you follow our analysis blog and advice for a trade. We don’t publish where you have to have your risk management – Stop Loss, because, it would not be fair to Elite members, who learned this techniques in our Elite course.
Keywords:
Elite strategy, Custom Indicator, Fundamental Analysis , Tehnical analysis, Price action, Advanced strategies, Trading Education
Good trading!
Elitefxacademy
GBPAUD – Buyers with strong momentumGBPAUD – Buyers with strong momentum
Trend: Strong Buy
Support/Resistance
R4: 0.95652
R3: 0.93997
R2: 0.92350
R1: 1.90811
S1: 0.89306
S2: 1.88122
Price action
Buyers helding trending position very strong. If the price break R1, then price will follow next resistances. The problem here might be gaps lower, but still it looks that sellers are nowhere. I the price can hold below S1 then next target is S2. From overall market, bulls are more confidant for buy then sellers for sell.
Potencial trade idea
Bulls targets:
T1: 0.92350
T2: 0.93997
T3: 0.95652
Bears targets:
T1: 1.88122
NOTE – We are trading GBPAUD via the preferred trading setups
ELITEFXACADEMY
Disclaimer: Martin's views on the Chart analysis is ment as a trading advice for education terms; Education terms include: trading consistency to everyone who is reading this blog; for every advance student and for every Elite student who is using this analysis for managing his equity by Elite strategy and custom indicator. This analysis is understandable and transparent for all Elite students. This is a free content which is based from Academy in term of transparency to support and following progress to everyone. We know that there is always possible way that market can pull you out even when you follow our analysis blog and advice for a trade. We don't publish where you have to have your risk management – Stop Loss, because, it would not be fair to Elite members, who learned this techniques in our Elite course.
EURGBP – soon sellers will be ready if...EURGBP – soon sellers will be ready if...
Trend: Strong sell
Support/Resistance:
R2: 0.85740
R1: 0.85439
S1: 0.85306
S2: 0.84885
S3: 0.84145
Price action:
Sellers are ready to break S1, but after they have to prove it after we se us short position. Swing is lead by sellers. Momentum is showing much more power from sell side. Eur currency is weak these days. All this basic fact proving sellers power.
Potencial trade idea:
Bulls targets:
T1: 74.532
Bears targets:
T1: 0.84885
T2: 0.84145
NOTE – We are trading EURGBP via the preferred trading setups
ELITEFXACADEMY
Disclamer1: We have to wait for a currency pair to trade after news are reliased. This might be a short correction, or price will give us moving dirrection after news are reliased.
Disclaimer2: Martin's views on the Chart analysis is ment as a trading advice for education terms; Education terms include: trading consistency to everyone who is reading this blog; for every advance student and for every Elite student who is using this analysis for managing his equity by Elite strategy and custom indicator. This analysis is understandable and transparent for all Elite students. This is a free content which is based from Academy in term of transparency to support and following progress to everyone. We know that there is always possible way that market can pull you out even when you follow our analysis blog and advice for a trade. We don't publish where you have to have your risk management – Stop Loss, because, it would not be fair to Elite members, who learned this techniques in our Elite course.
EURNZD– Sellers are working on potencial sell because...EURNZD– Sellers are working on potencial sell because...
Trend: Strong Sell
Support/Resistance
R3: 1.73495
R2: 1.72749
R1: 1.72124
S1: 1.71437
S2: 1.70602
S3: 1.69815
S4: 1.68599
Price action
Sellers are working on potencial sell because of weak eur currency on the other side. Sellers has to break S1 and then will be even more stronger then, they are now. Nzd currency is same showing good power from overall perspective, which made this currency pair more attractive to trade.
Potencial trade idea
Bulls targets:
T1: 1.72749
T2: 1.73495
Bears targets:
T1: 1.70602
T2: 1.69815
T3: 1.68599
NOTE – We are trading EURNZD via the preferred trading setups
ELITEFXACADEMY
Disclamer1 : We have to wait for a currency pair to trade after news are reliased. This might be a short correction, or price will give us moving dirrection after news are reliased.
Disclaimer2: Martin's views on the Chart analysis is ment as a trading advice for education terms; Education terms include: trading consistency to everyone who is reading this blog; for every advance student and for every Elite student who is using this analysis for managing his equity by Elite strategy and custom indicator. This analysis is understandable and transparent for all Elite students. This is a free content which is based from Academy in term of transparency to support and following progress to everyone. We know that there is always possible way that market can pull you out even when you follow our analysis blog and advice for a trade. We don't publish where you have to have your risk management – Stop Loss, because, it would not be fair to Elite members, who learned this techniques in our Elite course.
GBPCHF– Buyers might looking for higher price levels.GBPCHF– Buyers might looking for higher price levels.
Trend: Strong Buy
Support/Resistance:
R4: 1.32568
R3: 1.31354
R2: 1.30288
R1: 1.28926
S1: 1.28275
S2: 1.27360
S3: 1.26577
Price action:
Sellers are working on potencial sell because of weak eur currency on the other side. Sellers has to break S1 and then will be even more stronger then, they are now. Nzd currency is same showing good power from overall perspective, which made this currency pair more attractive to trade.
Potencial trade idea:
Bulls targets:
T1: 1.30288
T2: 1.31354
T3: 1.32568
Bears targets:
T1: 1.27360
NOTE – We are trading GBPCHF via the preferred trading setups
ELITEFXACADEMY
Disclamer1: We have to wait for a currency pair to trade after news are reliased. This might be a short correction, or price will give us moving dirrection after news are reliased.
Disclaimer2: Martin's views on the Chart analysis is ment as a trading advice for education terms; Education terms include: trading consistency to everyone who is reading this blog; for every advance student and for every Elite student who is using this analysis for managing his equity by Elite strategy and custom indicator. This analysis is understandable and transparent for all Elite students. This is a free content which is based from Academy in term of transparency to support and following progress to everyone. We know that there is always possible way that market can pull you out even when you follow our analysis blog and advice for a trade. We don't publish where you have to have your risk management – Stop Loss, because, it would not be fair to Elite members, who learned this techniques in our Elite course.
NZDCAD – Buyers might go furtherNZDCAD – Buyers might go further
Trend : Buy/ Neutral
Support/Resistance:
R2: 0.85569
R1: 0.84961
S1: 0.84298
S2: 0.83689
Price action:
Buyers reacted very strong from the last news announcement, but still they have to break R1 level, to prove their dominance. Price might reach first R1, and then we'll see how sellers will react back on lower timeframe. We need more answers, because news is not always number one fact we get in this game.
Potencial trade idea:
Bulls targets:
T1 = 0.84961
Bears targets:
T1 = 0.85569
NOTE – We are trading NZDCAD via the preferred trading setups.
ELITEFXACADEMY
Disclaimer2: Martin's views on the Chart analysis is ment as a trading advice for education terms; Education terms include: trading consistency to everyone who is reading this blog; for every advance student and for every Elite student who is using this analysis for managing his equity by Elite strategy and custom indicator. This analysis is understandable and transparent for all Elite students. This is a free content which is based from Academy in term of transparency to support and following progress to everyone. We know that there is always possible way that market can pull you out even when you follow our analysis blog and advice for a trade. We don't publish where you have to have your risk management – Stop Loss, because, it would not be fair to Elite members, who learned this techniques in our Elite course.