We are at the end of buyers territory so we are looking for sell below that level or buy after the confirmation that this level will hold. Overall price is in up trend so we prefer buy over sell.
Price is at elite spot on H4 time frame. Everything is marked on the chart so we prefer buy over sell but if price which is still in sellers territory rejects from elite spot then we will look for sell entry.
We always keep it simple so after the close of h4 candle we are looking for sell entry. Price is in sellers territory, rejected from previous daily high, engulfing H4 candle and down trend on higher time frames.
After news that Trump has a covid-19 there was a strong bearish momentum. We are looking for sell opportunity next week at marked levels, especially at elite spot.
Price reached elite spot for and rejected from weakly resistance level at 1.08983. We are looking for sell entry with stop loss above the buyers territory.
Price reached the elite spot, its below the previous daily high so we are looking for sell potential entry. Price is also in sellers territory.
Price broke previous daily low at 126.135, buyers are weak and we can see 3 bearish impulsive moves. Our first target is at 125.400
Price reached top of the range so we make trading simple and are waiting on break of that range or rejection and possible short entry with target at 69.800 where is solid support level.
After weekly pinbar where most of the traders expect the further drop, big players start to buy and price is rising with strong momentum. We are also still in buyers territory so we prefer buy over sell but only above the weekly resistance level at 117.500.
Price is at previous weekly high at 0.66024 so we are waiting on valid break and long position or rejection from that level and sell entry with target at the bottom of the range.
On Tuesday pair made a strong bullish momentum candle on daily time frame and reached the top of the range. If price breaks the structure we will look for buy potential setup after correction to the structure at 140.000. If price will not make a new HH and closed below 139.600 then we are looking for sell setup with a target to the bottom of the range at 138.250
Many investors and traders are still optimistic about bitcoin. But how positive are they while price have been stuck in consolidation from first of May till now. It is hard to be patient and I'm really sorry for many Hodlers, who are 100% sure that Bitcoin will continue bullish trend without any retracement. I honestly believe Bitcoin will continue bullish, once...
School example of buy setup :smile: Price tested the structure with weeak momentum so we expected that bulls will be back. Honestly we rarely trade exotic pairs.
From yesterday Bitcoin failed (expectancy mentioned in video), we gave our better entry to IOTA which is showing performance with IOTAUSD and IOTABTC. From yesterday crash, IOTA sellers did last retracement from only H4 timeframe, which was faile (expectancy mentioned in video). At the moment IOTAUSD is headed to break supply level and continue to our expected...
We've been in long sellers channel till last buyers showed their performance on last channel touch. That means channel switched from sellers to buyers side. Right now all we need is just wait and see following expectations Martin explained in video. IOTAUSD VIDEO ANALYSIS Elitefxacademy
EURNZD broke thorouh longterm channel on Daily timeframe. After this breaking method was not clear from retracement structure. It is hard to answer IF we got clear retracement to continue daily trend idea, so we are expecting for anouther breaking idea from Lower Low or sellers will test recent Lower Low and continue range movement by new retracement from daily...
IOTA might perform very strong in upcoming days, weeks... but as you can see we explained you short term analysis for this smart cryptocurrency. So on, Iota have already gave us signs to entering position in buy. Previous week volume and broken resistance tell us bullish performance and sellers failure. Because we didn't broke last supply, we still have to, even...
Buyers advantages: strong volume break out from channel first trend sign new strong support level new higher high Follow us for more and get fast updates when there is need for any kind of confirmation you need. Thank you for listening Check video explanation here Elitefxacademy