Lulumelon Athletica - 30d expiry - We look to Sell a break of 355.85 (stop at 367.85)
We are trading at overbought extremes.
We have a Gap open at 29/3 from 320.31 to 366.25.
Trading within the Wedge formation.
The bias is to break to the downside.
Expect trading to remain mixed and volatile.
A higher correction is expected.
Our profit targets will be...
Bitcoin - 24h expiry - We look to Sell at 28997 (stop at 29697)
We are trading at overbought extremes. Prices have reacted from 30987.
A Doji style candle has been posted from the high.
A break of the recent low at 29020 should result in a further move lower.
We look for losses to be extended today.
Our profit targets will be 27247 and 26847
Resistance:...
XAUUSD is approaching our buy entry and potentially reverse from here. We could see price move up to our take profit target.
Entry: 1983.170
Why we like it:
There is an overlap support that is close to the 23.6% Fibonacci retracement
Stop Loss: 1951.420
Why we like it:
There is an overlap support that aligns close to the 38.2% Fibonacci retracement
Take Profit:...
ETHUSD is approaching our buy entry and potentially reverse from here. We could see price move up to our take profit target.
Entry: 2031.39
Why we like it:
There is an overlap support that aligns with the 38.2% Fibonacci retracement
Stop Loss: 1925.75
Why we like it:
There is an overlap support that aligns with the 78.6% Fibonacci retracement
Take Profit:...
WTI is approaching our buy entry and potentially reverse from here. We could see price move up to our take profit target.
Entry: 78.927
Why we like it:
There is an overlap support that aligns with the 23.6% Fibonacci retracement
Stop Loss: 75.884
Why we like it:
There is an overlap support that aligns with the 38.2% Fibonacci retracement
Take Profit: 83.266
Why...
USDJPY is approaching our sell entry and potentially reverse from here. We could see price move down to our take profit target.
Entry: 134.772
Why we like it:
There is an overlap resistance that aligns with the 61.8% Fibonacci retracement
Stop Loss: 135.877
Why we like it:
There is an overlap resistance
Take Profit: 133.775
Why we like it:
There is an overlap...
HS50 - 24h expiry - We look to Buy at 20260 (stop at 20090)
Selling pressure from 20753 resulted in all the initial daily gains being overturned.
The current move lower is expected to continue.
Short term bias is mildly bullish.
We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher.
Further upside is expected...
United Airlines Holdings - 30d expiry - We look to Sell a break of 40.38 (stop at 43.15)
Short term bias has turned negative.
Posted a bearish Flag formation.
A break of 40.43 is needed to confirm the outlook.
40.43 has been pivotal.
The bias is to break to the downside.
Trading has been mixed and volatile.
The medium term bias is neutral.
Our profit...
Ethereum - 24h expiry - We look to Buy a break of 2151 (stop at 2096)
There is no clear indication that the upward move is coming to an end.
Our short term bias remains positive.
A break of the recent high at 2146 should result in a further move higher.
We look for gains to be extended today.
Our outlook is bullish.
Our profit targets will be 2281 and 2301...
DJ30 is approaching our sell entry and potentially reverse from here. We could see price move down to our take profit target.
Entry: 34136.35
Why we like it:
There is a swing-high resistance
Stop Loss: 34389.35
Why we like it:
There is an overlap resistance that aligns with the -27.2% Fibonacci expansion
Take Profit: 33840.50
Why we like it:
There is an overlap...
DXY is approaching our buy entry and potentially reverse from here. We could see price bounce to our take profit target.
Entry: 101.504
Why we like it:
There is an overlap support that aligns with the 50.0% Fibonacci retracement
Stop Loss: 100.788
Why we like it:
There is a swing-low support
Take Profit: 102.275
Why we like it:
There is an overlap...
GBPUSD is approaching our sell entry and potentially reverse from here. We could see price move dowm to our take profit target.
Entry: 1.24518
Why we like it:
There is an overlap resistance that aligns with the 50.0% Fibonacci retracement
Stop Loss: 1.25465
Why we like it:
There is a swing-high resistance
Take Profit: 1.23492
Why we like it:
There is an overlap...
EURUSD is approaching our sell entry and potentially reverse from here. We could see price move dowm to our take profit target.
Entry: 1.09999
Why we like it:
There is an overlap resistance that aligns with the 50.0% Fibonacci retracement
Stop Loss: 1.10752
Why we like it:
There is a swing-high resistance
Take Profit: 1.09123
Why we like it:
There is an overlap...
Wix.Com - 30d expiry - We look to Buy at 84.11 (stop at 78.61)
Trading within a Bullish Channel formation.
Trend line support is located at 83.75.
We look to buy dips.
This stock has seen good sales growth.
Expect trading to remain mixed and volatile.
We look for a temporary move lower.
Our profit targets will be 97.61 and 99.61
Resistance: 93.00 /...
NIK225 - 24h expiry - We look to Buy at 28250 (stop at 28075)
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible.
We are trading at overbought extremes.
A lower correction is expected.
The bias is still for higher levels and we look for any dips to be limited.
Preferred trade is to buy on dips.
Our profit...
Bitcoin - 24h expiry - We look to Sell a break of 29598 (stop at 30401)
We are trading at overbought extremes. The bearish engulfing candle on the daily chart is negative for sentiment.
A Doji style candle has been posted from the high.
30984 has been pivotal.
Although the bulls are in control, the stalling positive momentum indicates a turnaround is...
BTCUSD is approaching our buy entry and potentially bounce from here. We could see price move up to our take profit target.
Entry: 29657
Why we like it:
There is an overlap support that aligns close to the 38.2 Fibonacci retracement
Stop Loss: 28936
Why we like it:
There is an overlap support that aligns close to the 61.8% Fibonacci retracement
Take Profit:...
US500 is approaching our sell entry and potentially reverse from here. We could see price move dowm to our take profit target.
Entry: 4160.70
Why we like it:
There is an overlap resistance at the recent swing-high
Stop Loss: 4192.95
Why we like it:
There is a swing-high resistance
Take Profit: 4078.20
Why we like it:
There is an overlap support that aligns with...
