USDCAD looks as potentian pair for buy on 4h timeframe. From yesterday we can see how strong momentum was reached from dollar side. To decide where this will continue, we have to reache few resistance levels, so we can decide where to go next. Price is caught is range from daily perioud. This is very interesting for all elite traders. You can practice, learn and...
EURCAD is headed back to higher high target. From the moment where this pair sign up continuation trend idea, is bounce at 1.52211 new support level. Before we hit Daily Higher High, we have to test first 1.52661 new resistance level on H1 timeframe. This might be desicion spot for trend continuation to first target at 1.53476 resistance level and second target to...
Bitcoin fell down yesterday very strong, which might be a good reason for continuation for reverse. This might be a good sign for continuation, but after all we have to appreatiate media hype, so we are heded to FIRST and SECOND targets first to decide wether buy will continue or crash again. From the moment when market fell down on sunday, bitcoin left its new...
CadChf is at the moment in neutral zone, but we expecting bulling way, if price will break first resistance. From first resistance (break), following first target, price will be still in neutral zone, because of overall sell crash. From first target to second resistance and target. price has to break enough strong to see potential third target. Achieving second...
Neo is at the moment in very good shape also with bitcoin because as we can see whole crypto market is correlated at the moment. But the difference is that we can see on the chart (daily closing is important), neo is LEADING at the moment versus Bitcoin. So that means, even if bitcoin hold position over weekend, Neo will blow this chart to targets we draw in out...
Cryptocurrency neo opened its door for buy. Momentum is good, and also break out was clean. If daily close will stay strong in shape of bullish candle then, it will continue stronger. Elitefxacademy wish you best trading!
Sellers are weaker then before and we are closely monitor the 1.07500 level which is strong support level and where price could reverse back to bullish.
US OIL is headed to sign up for new higher low swing. Strong bearish momentum might follow targets if price can break below first support at 12.12 . If price can break this level, we can expect first target to 9.74 support level. If 9.74 support level, will not be supportive as it should be from bullish side, then we can follow second target to 7.40 support...
Usdcad is at the moment in bearsih flow, but first we have to fait proving break at 1.40312 support level. If price will prove maintaince below this support level, we can see strong potential bearish move to 1.38757 support level. (average spot support). If price will deny for sell and climb up above 1.40000 new resistance level, then buyers has to maintain above...
Bitcoin might test lower targets, because buyers consume all gas, and also price is at spot where price has to switched to sellers. After sellers will show how strong they are, we'll decide later if we're gonna stay in this trade. This is multi-timeframe analysis. Short term sell is h1 and lowerest sell is between h1 and h4 based on our strategy. On the other...
Bitcoin is on the way to retest buyers low or even crash forward Bitcoin slowly and lazy contunue its up move to sellers top resistance. Top resistance from sellers might crashed bitcoin hard to see how strong are buyers support levels. We can assume this bearish power after bulls tried many times to break through higher high, but from buyers was just...
Bitcoin is following bullish channeling, but many are confused where this will continue. If we look at bullish channel, we can say this is just slow movement untill market flow change to trend, but before that buyers has to test targets at 8000$ where is next channel touch. If momentum will be enough strong then this might be a good opportunity to hold funds to...
We are at very important zone where we will see if buyers are strong enough to continue next touch to bullish channeling or they will stopped and sellers will finnaly smashed them again and continue to following targets. Follow description in video and targets in next analysis. Elitefxacaedmy
SP500 is at very good testing level, where we can see how decision will end. From the whole chart, buyers failed highs. Buyers are out of fuel, and probably stocks will go down, and test lower spots. This flow is very tipical once it comes to crash. At SP500 buyers actually did very good bounce, but they can't grow confidantly after seeing strong crash on your...
Ripple rejected important high, and sellers start increasing momnetum. At the moment bulls try to defense support zone, but if there will not be any power, ripple will follow price action to lower supports. One fact is that whole crypto market is collerated. If 'the Giant'' Bitcoin crash lower as we explained in previous analysis, then ripple will follow dumps
We are looking usd/cad for sell setup below 1.40000. There is also gap at 1.34400 so this is our long term target. Of course there will be a lot of buy opportunities but we prefer sell over buy.
We are looking for buy entry above the 1.25270 when price broke the structure, more aggressive traders can enter in long position above the 1.24865 ( weekly low ). We prefer more long than short but in case that price broke the weekly low we can look for target at 1.24000.
Price is at the end of buyers territory so if breaks the 1.79700 we are looking for sell setup. Otherwise we are looking for buy setup after another higher high which is the confirmation of trend continuation in up trend. Trade only 2 time frames with entry on smaller time frame, use risk management and always move stop loss in profit. When 1. target is reached...