EliteTradingSignals

EliteTradingSignals May 13

Hello, Friends! It makes sense for us to go short on AUD/USD right now from the resistance line above with the target of 0.638 because of the confluence of the two strong factors which are the general downtrend on the previous 1W candle and the overbought situation on the lower TF determined by it’s proximity to the upper BB band. Disclosure: I am part of...

EliteTradingSignals May 13

Hello, Friends! Bearish trend on NZD/USD, defined by the red colour of the last week candle combined with the fact the pair is overbought based on the BB upper band proximity, makes me expect a bearish rebound from the resistance line above and a retest of the local target below at 0.586. Disclosure: I am part of Trade Nation's Influencer program and receive...

EliteTradingSignals Updated  May 13

Hello, Friends! We are going short on the NZD/CAD with the target of 0.818 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 May 12

GOLD SIGNAL Trade Direction: long Entry Level: 3,211.87 Target Level: 3,375.85 Stop Loss: 3,102.01 RISK PROFILE Risk level: medium Suggested risk: 1% Timeframe: 12h 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 May 12

GBP/USD SIGNAL Trade Direction: long Entry Level: 1.316 Target Level: 1.338 Stop Loss: 1.302 RISK PROFILE Risk level: medium Suggested risk: 1% Timeframe: 12h 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 May 12

Hello, Friends! AUD/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 May 12

Hello, Friends! NZD/CHF pair is in the uptrend because previous week’s candle is green, while the price is clearly rising on the 1D timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 0.483 because the pair overbought due to its proximity to the upper BB band and a bearish correction is...

EliteTradingSignals Updated  May 12

Hello, Friends! We are targeting the 1.742 level area with our short trade on EUR/AUD which is based on the fact that the pair is overbought on the BB band scale and is also approaching a resistance line above thus going us a good entry option. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView...

EliteTradingSignals May 11

NG1! SIGNAL Trade Direction: short Entry Level: 3.790 Target Level: 3.302 Stop Loss: 4.116 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 May 11

Hello, Friends! CAD/CHF pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 1D 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 May 10

US100 SIGNAL Trade Direction: short Entry Level: 20,075.8 Target Level: 19,221.3 Stop Loss: 20,643.2 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✅

EliteTradingSignals May 10

Hello, Friends! We are now examining the AUD/CAD pair and we can see that the pair is going up locally while also being in a uptrend on the 1W TF. But there is also a powerful signal from the BB upper band being nearby, indicating that the pair is overbought so we can go short from the resistance line above and a target at 0.887 level. Disclosure: I am part...

EliteTradingSignals Updated  May 10

Hello, Friends! EUR/NZD pair is in the downtrend because previous week’s candle is red, while the price is obviously rising on the 9H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 1.890 because the pair is overbought due to its proximity to the upper BB band and a bearish correction...

EliteTradingSignals May 9

USOIL SIGNAL Trade Direction: short Entry Level: 61.08 Target Level: 55.63 Stop Loss: 64.68 RISK PROFILE Risk level: medium Suggested risk: 1% Timeframe: 8h 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 May 9

CHF/JPY SIGNAL Trade Direction: short Entry Level: 174.668 Target Level: 172.727 Stop Loss: 175.944 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 May 9

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 90.143. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their...

EliteTradingSignals May 9

Hello, Friends! Previous week’s green candle means that for us the GBP/CAD 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 1.841. Disclosure: I am part of Trade...

EliteTradingSignals Updated  May 9

Hello, Friends! Previous week’s green candle means that for us the AUD/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 0.641. Disclosure: I am part of Trade...