Price is in sellers territory and we are looking for sell entry at the moment. The whole analysis is on the chart. Use proper risk management.
We are looking for sell because of weak buyers, rejection from last HH and price is at the weekly resistance level. Safe entry is when price comes back in sellers territory on H1 time frame.
We are looking for buy entry but after the closure of H4 candle. Our first target is at the daily big player area. If there will be a fakeout, we are looking for sell entry in the previous range structure.
We can see some nice rejection on H4 time frame but price is still in buyers territory on daily. Majority of traders are selling but you need to know where to enter and when price comes back in sellers territory. :D
We are looking for buy entry from solid support level with first target at the elite spot on H4 time frame.
Price is at the top of the range so we can see some rejection from that level but overall we are looking for buy entry from elite spot and BP. We always use only 2 time frames and best for us are Daily and H4 or H4 and H1.
We prefer sell over buy because price is in sellers territory and down trend. When you check the analysis you can see that daily support level is close and if price breaks it we can target weekly support level. On the other hand if price breaks the no trading zone ( zone between last buyers territory and blue line ) we are looking for buy entry with target at the last HH..
Yesterday we analysed this pair in our trading room. Price was at the elite spot from where we are looking for sell entry. Right now we closed the trade and are waiting for another sell opportunity. Our trading approach is very simple: 1. first we look for a trend 2. how many % of the daily average movement, price already did 3. Is close to elite spot or BP...
Price is in strong up trend on higher time frames and now its also on H1. We made an analysis in our trading room and are also in buy position. You can look for buy entry after the retracement back to the support level and buyers territory.
LTC on its way to reach 40% gain as potential target. We can see how strong LTC broker through LTH yesterday (red line) and today also broke very strong on lower timeframe - 4 hours. It's quite too strong pump, but when today closing will also give us confirmation for new upcoming bullish trend. We believe this crypto pair is also confirmed from BTCLTC...
NZDCAD compared to nzdchf pair (linked below) and is correlated with slower move at the moment. This currency pair need some more proves before any trade entrace. It has potential upside and downise move. If upside move will continue higher, then our target should be at 0.90744 resistance level. If price will continue higher then momentum and volume from bullish...
NZDCHF currency pair fall into a decision spot. This is is telling us posible trend reverse on H1 timeframe or bullish continuation from daily perspective. If bearish move from H1 trending continuation will happen, we are looking price to break an important support level at 0.62560. If bullish move from daily perspective will push price higher, then current spot...
Eurchf might take another run up to test strong resistance zone between 1.08662 and 1.08713. This resistance area is important and was unbreakable for long perioud of time. Bullish side tested this zone many times, but without any success. This is why is hard to expect price will end up above mentioned resistance zone this time. Plus more, from last two tries...
NZDUSD fascinating for short position also correlated to audusd currency pair (analysis linked below). USD currency is getting atractive while the supply spot in getting attractive to usd investors between 0.70795 and 0.70722 resistance zone. On the other side Kiwi has reached a new higher high level a week ago. Currency tried to continue bullish at few tries from...
Hello, Elite traders. AUDUSD short position is ready when price break 0.74083 support level by doing another retracement from the same level. Retracement is needed because we are still in overall buyers territory. Our strenght meter from our custom indicator is showing short flow on USD dollar. On the other side, AUD currency pair did well move from previous...
Hello traders In this case we are looking gold trading idea from overall bullish direction. From first H4 breaking - Daily whales were not looking interested in defending own demand zone. Because it's hard to know whether is just a tricky part or not At daily recent Lower Low 1798.73$ - 4 hour whales tried first breaking move and failed. Daily whales bounced back...
AUDUSD is headed for a new swing flow, from overall bullish market. The problem is that price close at the end of week above higher high level but didn't maintain enough time to prove its entering spot. Our expectation for this currency pair is showing potential bullish moment after sellers first reaction of the market. Your job as a buyers, is to follow momentum...
EURNZD looks amazing for buy and for sell at the moment. We have to be careful here because, every wrong mindset can take a part of our stake. As a trader, your job is to ignore your hopes and picture you are looking at first moment, but focus on facts and find all kinds of data we learned in Elitefxacademy educational program. In this case, we have to know that...