Price could retrace to our buy entry which is an overlap support level and reverse, we could see the momentum carry price up to its take profit target. Entry: 1969.910 Why we like it: There is an overlap support that aligns with a 50.0% Fibonacci retracement Stop Loss: 1934.345 Why we like it: There is a swing-low support Take Profit: 2009.850 Why we like...
Price is moving down to a key support and potentially reverse, we could see the momentum carry price up to its take profit target. Entry: 1.07660 Why we like it: There is an overlap support Stop Loss: 1.07119 Why we like it: There is an overlap support that aligns with the 50.0% Fibonacci retracement Take Profit: 1.09267 Why we like it: There is an overlap...
Price could approach an overlap resistance and reverse from this level, we could see the momentum move price down to its take profit target. Entry: 102.944 Why we like it: There is an overlap reistance Stop Loss: 103.464 Why we like it: There is an overlap resistance that aligns with the 50% Fibonacci retracement Take Profit: 101.915 Why we like it: There is a...
Price has reversed off a key resistance level, we could see the momentum move price down to its take profit target. Entry: 1809.37 Why we like it: A reversal off the key resistance Stop Loss: 1861.67 Why we like it: There is a swing-high resistance Take Profit: 1735.62 Why we like it: There is an overlap support that aligns with the 23.6% Fibonacci...
GBPNZD - 18h expiry - We look to Buy at 1.9550 (stop at 1.9450) Previous support located at 1.9600. Previous resistance located at 1.9650. Broken out of the channel formation to the upside. The correction lower is assessed as being complete. Risk/Reward would be poor to call a buy from current levels. A move through 1.9650 will confirm the bullish momentum....
Bristol-Myers Squibb Co - 30d expiry - We look to Sell a break of 65.18 (stop at 67.68) Daily signals are bearish. There is no clear indication that the downward move is coming to an end. 65.95 has been pivotal. A break of the recent low at 65.28 should result in a further move lower. Price action is forming a bearish flag which has a bias to break to the...
Ethereum - 16h expiry - We look to Buy a break of 1857 (stop at 1807) Our short term bias remains positive. 1843 has been pivotal. A break of the recent high at 1843 should result in a further move higher. Our outlook is bullish. There is no clear indication that the upward move is coming to an end. Our profit targets will be 1977 and 1997 Resistance:...
Price is approaching a key support level, it could bounce and we could see the momentum carry price up to its take profit target. Entry: 26.73 Why we like it: There is an overlap support Stop Loss: 26.00 Why we like it: There is an intermediate overlap support Take Profit: 32.61 Why we like it: There is an overlap resistance and a 23.6% Fibonacci...
Price is approaching a key support level, it could bounce and we could see the momentum carry price up to its take profit target. Entry: 0.90884 Why we like it: There is an overlap support Stop Loss: 0.89284 Why we like it: There is an intermediate support Take Profit: 0.93214 Why we like it: There is an overlap resistance and a 23.6% Fibonacci...
Price is approaching a key support level, it could bounce and we could see the momentum carry price up to its take profit target. Entry: 87.307 Why we like it: There is an overlap support Stop Loss: 86.254 Why we like it: There is an intermediate support Take Profit: 93.108 Why we like it: There is an overlap resistance and a 50.0% Fibonacci retracement Please...
Price is moving towards our buy entry level, we could see the momentum carry price up to its take profit target. Entry: 1.09138 Why we like it: There is a potential breakout Stop Loss: 1.08020 Why we like it: There is an overlap support just below the 23.6% Fibonacci retracement Take Profit: 1.10328 Why we like it: There is a swing high resistance Please be...
NZDUSD - 18h expiry - We look to Buy at 0.6145 (stop at 0.6083) Previous support located at 0.6200. Previous resistance located at 0.6250. The trend of higher lows is located at 0.6100. Further upside is expected. Risk/Reward would be poor to call a buy from current levels. A move through 0.6250 will confirm the bullish momentum. Our profit targets will be...
Broadcom - 30d expiry - We look to Buy at 601.11 (stop at 579.11) Price action continues to trade around the all-time highs. Daily signals are bullish. There is no clear indication that the upward move is coming to an end. We look to buy dips. 50 1day EMA is at 600.11. A lower correction is expected. Bespoke support is located at 600. This stock has seen...
Litecoin - 16h expiry - We look to Buy at 78.71 (stop at 75.71) Price continues to trade within the triangle formation. Trend line support is located at 78.70. We look to buy dips. Expect trading to remain mixed and volatile. Daily momentum has stalled and our bias is neutral. Our profit targets will be 85.91 and 86.91 Resistance: 82.00 / 83.28 /...
Price could potentially reverse off a key resistance level, we could see the momentum carry price down to its take profit target. Entry: 1.08151 Why we like it: There is overlap resistance level Stop Loss: 1.10328 Why we like it: There is a swing high resistance Take Profit: 1.04818 Why we like it: There is an overlap support that aligns with the 38.2%...
Price could potentially reverse off a key resistance level, we could see the momentum carry price down to its take profit target. Entry: 4046.40 Why we like it: There is an overlap resistance Stop Loss: 4155.75 Why we like it: There is an overlap resistance Take Profit: 3916.25 Why we like it: There is an overlap support level that aligns with the 38.2%...
Price could potentially reverse off a key resistance level, 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: 1.26735 Why we like it: There is an overlap resistance Take Profit: 1.16386 Why we like it: Take profit level aligns with 38.2% Fibonacci retracement Please be...
Potential reversal off an overlap support, we could see the momentum carry price up to its take profit target. Entry: 101.297 Why we like it: There is an overlap support Stop Loss: 99.818 Why we like it: There is an intermediate support Take Profit: 105.810 Why we like it: There is an overlap resistance close to the 38.2% Fibonacci retracement Please be...