Price is approaching a key support level and potentially reverse, we could see the momentum carry price up to its take profit target.
Entry: 0.61938
Why we like it:
There is an overlap support
Stop Loss: 0.60967
Why we like it:
There is an overlap support
Take Profit: 0.62849
Why we like it:
There is an overlap resistance
Please be advised that the information...
Price is approaching a key support level and potentially reverse, we could see the momentum carry price up to its take profit target.
Entry: 0.66252
Why we like it:
There is an overlap support
Stop Loss: 0.65649
Why we like it:
There is an overlap support
Take Profit: 0.66993
Why we like it:
There is an overlap resistance close to the 50.0% Fibonacci...
HS50 - 24h expiry - We look to Sell at 20209 (stop at 20430)
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible.
This is negative for sentiment and the downtrend has potential to return.
Previous resistance located at 20209.
The medium term bias remains bearish.
Further downside is expected although we prefer...
Ford - 30d expiry - We look to Buy at 11.21 (stop at 10.55)
Levels below 11 continue to attract buyers.
11 continues to hold back the bears.
We look to buy dips.
With signals for sentiment at oversold extremes, the dip could not be extended.
Early pessimism is likely to lead to losses although extended attempts lower are expected to fail.
Our profit...
Bitcoin - 24h expiry - We look to Sell a break of 26448 (stop at 27458)
Price action looks to be forming a top.
Short term MACD has turned negative.
A break of the recent low at 26473 should result in a further move lower.
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible.
The bias is to break to the...
Price could approach a key support level and potentially reverse, we could see the momentum carry price up to its take profit target.
Entry: 26649.00
Why we like it:
There is an overlap support
Stop Loss: 25250.00
Why we like it:
There is an overlap support
Take Profit: 289360.00
Why we like it:
There is an overlap resistance
Please be advised that the...
Price could approach a key resistance level and potentially reverse, we could see the momentum carry price down to its take profit target.
Entry: 0.62849
Why we like it:
There is an overlap resistance
Stop Loss: 0.63894
Why we like it:
There is an intermediate overlap resistance
Take Profit: 0.61938
Why we like it:
There is an overlap suupport
Please be...
Price is approaching a key resistance level and potentially reverse, we could see the momentum carry price down to its take profit target.
Entry: 0.66993
Why we like it:
There is an overlap resistance that aligns close to the 50.0% Fibonacci retracement
Stop Loss: 0.67626
Why we like it:
There is an overlap resistance with a recent swing-high
Take Profit:...
Price is approaching a key support level and potentially reverse, we could see the momentum carry price up to its take profit target.
Entry: 1933.540
Why we like it:
There is an overlap support that aligns with the 38.2% Fibonacci retracement
Stop Loss: 1911.435
Why we like it:
There is an overlap support that sits just above the 50.0% Fibonacci...
GBPAUD - 24h expiry - We look to Sell a break of 1.8350 (stop at 1.8450)
Previous support located at 1.8350.
Previous resistance located at 1.8450.
We expect a reversal in this move.
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible.
Price action looks to be forming a top.
A move through 1.8350 will confirm...
SOUTHERN COPPER CORPORATION - 30d expiry - We look to Sell at 77.48 (stop at 81.21)
We are trading at overbought extremes.
Posted a Double Top formation.
Bespoke resistance is located at 78.70.
Resistance could prove difficult to breakdown.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
We look for a...
Litecoin - 24h expiry - We look to Sell at 94.28 (stop at 97.64)
Price action has continued to range within a triangle formation.
Bespoke resistance is located at 94.50.
Intraday rallies continue to attract sellers and there is no clear indication that this sequence for trading is coming to an end.
Price action has broken from the previous formation.
Early...
Price could approach a key resistance level and reverse, we could see the momentum carry price down to its take profit target.
Entry: 1.24439
Why we like it:
There is an overlap resistance
Stop Loss: 1.26669
Why we like it:
There is an intermediate resistance
Take Profit: 1.18038
Why we like it:
There is an overlap support which also aligns with the 38.2%...
Price could approach a key resistance level and reverse, we could see the momentum carry price down to its take profit target.
Entry: 12941.2
Why we like it:
There is an overlap resistance
Stop Loss: 13727.7
Why we like it:
There is a swing-high resistance
Take Profit: 12133.9
Why we like it:
There is an overlap support which also aligns with the 38.2%...
Price could approach a key resistance level and reverse, we could see the momentum carry price down to its take profit target.
Entry: 28498.73
Why we like it:
There is an overlap resistance
Stop Loss: 29380.00
Why we like it:
There is a swing-high resistance
Take Profit: 23954.00
Why we like it:
There is an overlap support
Please be advised that the...
Price could approach a key resistance level and reverse, we could see the momentum carry price down to its take profit target.
Entry: 4064.55
Why we like it:
There is an overlap resistance just above the 61.8% Fibonacci retracement
Stop Loss: 4155.75
Why we like it:
There is an overlap resistance + swing-high
Take Profit: 3897.91
Why we like it:
There is an...
Peloton - 30d expiry - We look to Buy at 8.61 (stop at 7.97)
The trend of higher lows is located at 8.60.
Trading has been mixed and volatile.
Expect trading to remain mixed and volatile.
We look to buy dips.
We are trading at oversold extremes.
Although the bears are in control, the stalling negative momentum indicates a turnaround is possible.
Our...
Bitcoin - 24h expiry - We look to Sell a break of 26497 (stop at 27522)
Broken out of the channel formation to the downside. The bearish engulfing candle on the 4 hour chart is negative for sentiment. A Doji style candle has been posted from the high. A break of the recent low at 26663 should result in a further move lower. Short term MACD has turned negative....
