USDCAD – Buyers on the way higherWelcome to our Elite System. 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 on the way higher
Trend: Strong Buy
Support/Resistance:
R2: 1.33841
R1: 1.33289
S1: 1.33041
S2: 1.32566
Price action:
At the moment USDCAD is very bullish from USD momentum and CAD zero momentum. To follow this trade, buyers have to break first resistance level and then price can hit our first potencial target at 1.33841 resistance level.
On the other side, if price get denied from bullish idea, then sellers might test lower support levels.
Potencial trade idea:
Bulls targets:
T1: 1.33289
T2: 1.33841
Bears targets:
T1: 1.32566
NOTE – We are trading USDCAD 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
Elitestrategy
USDJPY– Buyer on the way upUSDJPY– Buyer on the way up
Trend: Strong buy
Support/Resistance:
R3: 110.237
R2: 109.880
S1: 109.264
S2: 109.140
S3: 108.880
Price action:
In this case overall flow of USDJPY currency pair is buyers. If we compare buyers to sellers, we can say that buyers broke resistance level on daily timeframe, that was very important. If buyers can hold above this level which is at 109.264, then they are able to reach first potencial target at 109.880 resistance level. We are motly bullish on this pair to the second potencial target which is at 110.237 resistance level.
If Sellers are able to bring price back below support level at 109.140, then we are headed to lower support targets to 108.880 support level.
Potencial trade idea:
Bulls targets:
T1: 109.880
T2: 110.237
Bears targets:
T1: 108.880
NOTE – We are trading USDJPY via the preferred trading setups
NETFLIX INC – Buyers and sellers at decision spot for continuatiWelcome 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.
NETFLIX INC – Buyers and sellers at decision spot for continuation
Trend: Strong Buy
Support/Resistance:
R3: 406.78
R2: 385.92
R1: 362.08
S1: 345.48
S2: 337.82
S3: 322.50
S4: 299.93
Price action:
Netflix had already proved buyers trending and now is testing very first resistance area at 362.08 level. This level is important to us, because it will tell us how strong is bearish side. After breaking this level, price is headed to test second resistance at 385.92 level. This level might be very strong if buyers will not show strong bullish momentum between R1 and R2 levels. In case of strong momentum we can expect price to go even higher to 406.78 resistance level.
On the other side, we recommend you to follow Bears behaviour. From this moment perspective we can say they are lack of momentum. In overall flow, we can say that good face off from Bears and Bulls is between R2 and R3 level.
Potencial trade idea:
Bulls targets:
T1: 385.92
T2: 406.78
Bears targets:
T1: 299.93
NOTE – We are trading NETFLIX INC 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– Buyer are on waiting and sellers are pushingWelcome 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.
AUDUSD– Buyer are on waiting and sellers are pushing
Trend: Sell/ Neutral
Support/Resistance:
R3: 0.67700
R2: 0.67514
S1: 0.67235
S2: 0.67068
S3: 0.66828
Price action:
At the moment we are in overall sellers trending idea. Sellers might push price lower and test buyers supports. After testing this supports we'll see how strong are buyers. Lately if buyers are able to turn the market then we can go bullish from second resistance and higher. But right now we are focusing on sell side from overall market idea, so after after breaking first support level at 0.67235 then we can expect price to go to our second support and after breaking that level, we can expect price to test second support level.
*We are recommending using custom indicator which tells you exact entries, correct risk management and smart profits.*
Potencial trade idea:
Bulls targets:
T1: 0.67700
Bears targets:
T1: 0.67068
T2: 0.66828
NOTE – We are trading AUDUSD 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
CHFJPY – Buyers on waiting spotWelcome 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 on waiting spot
Trend: Buy/ Neutral
Support/Resistance:
R2: 113.005
R1: 112.838
S1: 112.697
S2: 112.585
Price action:
Market is still on very strong bullish side from CHFJPY currency pair trending idea. But the problem is bearish momentum, which can bring problems to buyers till the right dirrection is not broken. So buyers has to broke first resistance at 112.838 level to continue back to daily recent higher high level. On the other side, if sellers will broek first support level at 112.697, then lower timeframe has opportunity to sell contra trade to second support level at 112.585.
Potencial trade idea:
Bulls targets:
T1: 112.838
T1: 113.005
Bears targets:
T1: 112.585
NOTE – We are trading CHFJPY 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
NZDUSD – Price has to retrace lowerWelcome 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.
NZDUSD – Price has to retrace lower
Trend: Buy Neutral
At the moment: Sell/ Neutral
Support/Resistance:
R2: 0.67176
R1: 0.66596
S1: 0.65910
S2: 0.65655
S3: 0.65449
S4: 0.64334
Price action:
In this case we can say nzdusd pair is similar to gbpusd currency pair because trending is still in buyers territory but potencial trade idea is more bearish then bullish. We can say buyers will wait for bearish retracement and then they will decide if they will be able to bounce the price back where is at this moment. We are expecting retracement to buyers support at 0.65655 level. If buyers will not show any bullish momentum, then following potencial sell idea is starting from retracement at 0.65449 new resistance level. This might be potencial trade idea to lower supports. On buyers side, if Nzd currency will show good performance and broke 0.66596 resistance level, then price has to test 0.67176 resistance level.
Potencial trade idea:
Bulls targets:
T1: 0.67176
Bears targets:
T1: 0.65655
T2: 121.751
NOTE – We are trading NZDUSD 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
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
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
CHFJPY – The price is at decision 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.
CHFJPY – The price is at decision moment
Trend: Strong Buy
Support/Resistance:
R4: 114.666
R3: 113.823
R2: 113.233
R1: 112.583
S1: 112.486
S2: 112.157
S3: 111.850
S4: 111.314
Price action:
Buyers finally break important level which is proving common decision for trend continuation. Still the price has to hold above first resistance level to continue its way, which will be seen in common days. If the price get denied then we have to wait for new price action moment.
At the moment CHFJPY currency pair is at very strong bullish spot from momentum pespective, price action and all Elite corners. We just need the right moment to decide perfect entering point.
Potencial trade idea:
Bulls targets:
T1: 113.233
T2: 113.823
T3: 114.666
Bears targets:
T1: 112.157
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
CADJPY – Buyers in front of positive and save wavesWelcome 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.
CADJPY – Buyers in front of positive and save waves
Trend: Strong Buy
Support/Resistance:
R4: 86.294
R3: 85.492
R2: 84.616
R1: 83.938
S1: 83.557
S2: 82.910
S3: 82.144
Price action:
Price is moving very slowly and is trying to get bounce at current price at 83.877 where is last higher high. That means we are at very strong decision spot, where the flow will come up to decision. Because price got up at recent higher high level, it has to retrace from first support at 83.557 level and then move up to first resistance level which is at 84.616. If the price is able to hold above first resistance level, then buyers have open area to higher targets we mentioned below.
At the moment this currency pair is more bullish then bearish, from many different courners that every Elite trader have to recognize by using Elite strategy.
Potencial trade idea:
Bulls targets:
T1: 84.616
T2: 85.492
T3: 86.294
Bears targets:
T1: 82.144
NOTE – We are trading CADJPY 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
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.
[b]GBPAUD – Following Gbp trending is still showing performance GBPAUD – Following Gbp trending is still showing performance to buy this pair.
Trend: Buy/ Neutral
Support/Resistance:
R3: 1.89290
R2: 1.88062
R1: 1.86018
S1: 1.86018
S2: 1.84966
S3: 1.83158
Price action:
Price is headed from lower perspective sell, but last daily candle from buyers have been well defensed, even if they didn't push price that high. If the price will continue from level 1.87158, then we are going long position. If price will hold below 1.86018 level, then sellers might push lower, to test buyers supports
Potencial trade idea:
Bulls targets:
T1 = 1.88062
T2 = 1.89290
Bears targets:
T1 = 1.84966
T1 = 1.83158
NOTE – We are trading GBPAUD via the preferred trading setups
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.
ELITEFXACADEMY
[b]GBPJPY – trending depends on breaking this range and Gbp perfGBPJPY – trending depends on breaking this range and Gbp performance.
Trend: Strong Buy
Price action:
Buyers still didn't show any power. If we compare lower timegrame, then sellers are in much better position in compare to buyers. Overall market is still in buyers trending, but in any chance be aware of any break that wil happen.
Potencial trade idea:
Bulls targets:
T1 = 140.699
T2 = 143.270
T3 = 145.741
Bears targets:
T1 = 137.227
NOTE – We are trading GBPJPY via the preferred trading setups
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.
ELITEFXACADEMY