XAUUSD is falling towards a key support level and could potentially bounce from here. We could see price move up to our take profit target. Entry: 1973.518 Why we like it: There is an overlap support Stop Loss: 1949.910 Why we like it: There is an overlap support slightly below the 38.2% Fibonacci retracement Take Profit: 2015.075 Why we like it: There is an...
Litecoin - 24H expiry - We look to Sell a break of 82.98 (stop at 85.98) There is no clear indication that the downward move is coming to an end. Our short term bias remains negative. 83.78 has been pivotal. A break of the recent low at 83.78 should result in a further move lower. We look for losses to be extended today. Our profit targets will be 75.98...
Salesforce - 30d expiry - We look to Buy at 192.32 (stop at 184.98) The primary trend remains bullish. Price action has formed a bullish ascending triangle formation. Trend line support is located at 192. The bias is to break to the upside. Trading close to the psychological 200 level. A break of bespoke resistance at 200, and the move higher is already...
Bitcoin - 24h expiry - We look to Buy at 28616 (stop at 28116) Short term bias has turned positive. Previous resistance at 28600 now becomes support. 50 4hour EMA is at 28600. We look to buy dips. A lower correction is expected. Our profit targets will be 29866 and 30166 Resistance: 29500 / 30000 / 30500 Support: 29130 / 28800 / 28600 Please be advised...
Target - 30d expiry - We look to Sell at 180.35 (stop at 186.64) Levels above 180 continue to attract sellers. 181.70 has been pivotal. Early optimism is likely to lead to gains although extended attempts higher are expected to fail. This stock has seen poor sales growth. Preferred trade is to sell into rallies. Posted a Treble Top formation. Our profit...
GER30 could approach a key resistance level and could potentially reverse from here. We could see price move down to our take profit target. Entry: 15924.40 Why we like it: There is an overlap resistance Stop Loss: 16046.89 Why we like it: There is a resistance level at the 127.2% Fibonacci extension Take Profit: 15656.70 Why we like it: There is an overlap...
USDCAD is falling towards a key support level and could potentially bounce from here. We could see price move up to our take profit target. Entry: 1.35630 Why we like it: There is an overlap support that aligns with the 23.6% Fibonacci retracement Stop Loss: 1.35630 Why we like it: There is an overlap support that aligns with the 38.2% Fibonacci...
BTCUSD could approach a key resistance level and could potentially reverse from here. We could see price move down to our take profit target. Entry: 30127 Why we like it: There is an overlap resistance that aligns with the 78.6% Fibonacci retracement Stop Loss: 31035 Why we like it: There is a swing-high resistance Take Profit: 28775 Why we like it: There is an...
XAUSD is falling towards a key support level and could potentially bounce from here. We could see price move up to our take profit target. Entry: 1977.035 Why we like it: There is an overlap support Stop Loss: 1949.910 Why we like it: There is an overlap support Take Profit: 2015.075 Why we like it: There is an overlap resistance Please be advised that the...
Procter and Gamble Co - 30d expiry - We look to Buy at 149.61 (stop at 146.11) The primary trend remains bullish. This stock has seen good sales growth. This is currently an actively traded stock. We have a Gap open on 21/4/2023 from 150.85 to 154.94. A higher correction is expected. Previous support is located at 149.50. We look to buy dips. 50 4-hour...
Ethereum - Intraday - We look to Buy a break of 1964 (stop at 1914) Our bespoke resistance of 1880 has been clearly broken. Short term momentum is bullish. Short term MACD has turned positive. A break of the recent high at 1963 should result in a further move higher. We look for gains to be extended today. Our profit targets will be 2084 and 2104...
GER30 could approach a key resistance level and could potentially reverse from here. We could see price move down to our take profit target. Entry: 15932.10 Why we like it: There is an overlap resistance Stop Loss: 16046.89 Why we like it: There is an overlap resistance that aligns with the 127.20% Fibonacci extension Take Profit: 15656.70 Why we like it: There...
GBPUSD is falling towards a key support level and could potentially bounce from here. We could see price move up to our take profit target. Entry: 1.24012 Why we like it: There is an overlap support Stop Loss: 1.23433 Why we like it: There is an overlap support Take Profit: 1.25106 Why we like it: There is an overlap resistance that aligns with the 78.6%...
WTI is falling towards a key support level and could potentially bounce from here. We could see price move up to our take profit target. Entry: 73.239 Why we like it: There is an overlap support Stop Loss: 70.895 Why we like it: There is an overlap support Take Profit: 77.146 Why we like it: There is an overlap resistance Please be advised that the...
XAUUSD is approaching a key resistance level and could potentially reverse from here. We could see price move down to our take profit target. Entry: 2010.000 Why we like it: There is an overlap resistance that aligns with the 50.0% Fibonacci retracement Stop Loss: 2032.045 Why we like it: There is an overlap resistance Take Profit: 1977.035 Why we like...
Bitcoin - 24h expiry - We look to Sell a break of 26897 (stop at 27601) There is no clear indication that the downward move is coming to an end. A sequence of daily lower lows and highs has been posted. Our short term bias remains negative. A break of the recent low at 26936 should result in a further move lower. Although the anticipated move higher is...
CNO FINANCIAL GROUP - 30d expiry - We look to Sell a break of 20.29 (stop at 21.31) 22.50 continues to hold back the bulls. Resistance could prove difficult to breakdown. A break of the recent low at 20.36 should result in a further move lower. Daily signals are bearish. News events could adversley affect the short term technical picture. 20.36 has been...
ETHUSD is approaching a key resistance level and potentially reverse from here. We could see price move down to our take profit target. Entry: 1943.64 Why we like it: There is an overlap resistance that aligns with the 38.2% Fibonacci retracement Stop Loss: 2060.29 Why we like it: There is an overlap resistance that aligns with the 78.6% Fibonacci...