We are seeing that price has tested a key resistance which is overlap resistance. Entry: 0.6253 Why we like it: There is an overlap resistance which lines up with the 38.2% Fibonacci retracement Stop Loss: O.6317 Why we like it: There is a swing-high resistance which lines up with a 50% Fibonacci retracement Take Profit: 0.6141 Why we like it: There is a...
Wix.Com - 16.4. expiry - We look to Sell at 108.87 (stop at 115.37) Trading within a Corrective Channel formation. Daily signals are mildly bullish. The primary trend remains bearish. The trend of higher highs is located at 109. We look for a temporary move higher. Early optimism is likely to lead to gains although extended attempts higher are expected to...
CHN50 - 24h expiry - We look to Sell a break of 12812 (stop at 12875) Selling pressure from 13020 resulted in all the initial daily gains being overturned. The current move lower is expected to continue. Previous support located at 12812. The medium term bias remains bearish. Further downside is expected, however, due to the strong support below we prefer to...
XRP - 24h expiry - We look to Sell at 0.3878 (stop at 0.3978) The primary trend remains bearish. Trend line resistance is located at 0.3885. The sequence for trading is lower lows and highs. Preferred trade is to sell into rallies. There is no clear indication that the downward move is coming to an end. 0.3986 has been pivotal. Our profit targets will be...
Price is moving upward with bullish momentum and could reach the take profit level. Entry: 1.36615 Why we like it: There is an overlap support Stop Loss: 1.3554 Why we like it: There is another overlap support level Take Profit: Why we like it: There is a swing high resistance Please be advised that the information presented on TradingView is provided to...
Price is approaching overlap support if the price were to reverse from this level. it could push up to 1st resistance Entry: : 23855 Why we like it: There is an overlap support along with the 38.2% Fibonacci retracement. Stop Loss: : 22576 Why we like it: There is an overlap support Take Profit : 25999 Why we like it: There is a recent swing high Please be...
Price has reversed from 1st resistance which is an overlap resistance Entry: 0.9331 Why we like it: There is an overlap resistance Stop Loss: 0.9438 Why we like it: There are multiple swings high resistance Take Profit 0.9163 There is an overlap support Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage...
Price has bounced off from our resistance level which is a swing-high resistance Entry: 1889 Why we like it: Price has respected our 38.2% Fibonacci retracement level which is an overlap support at 1889 Stop Loss: 1855 Why we like it: Place it slightly below 61.8% Fibonacci retracement Take Profit: 1933 Why we like it: There is a recent swing high...
OKTA - 30d expiry - We look to Buy a break of 88.08 (stop at 80.89) The sequence for trading is higher highs and lows. Daily signals are bullish. A break of the recent high at 87.88 should result in a further move higher. Our outlook is bullish. This stock has seen good sales growth. Our profit targets will be 105.48 and 108.48 Resistance: 87.88 / 90.00 /...
Palladium - Intraday - We look to Buy at 1474.1 (stop at 1450.1) Short term bias has turned positive. Previous resistance at 1475 now becomes support. We are trading at oversold extremes. We look to buy dips. We look for gains to be extended today. Our profit targets will be 1534.1 and 1544.1 Resistance: 1515 / 1527 / 1540 Support: 1490 / 1475 /...
We are seeing that there is a overlap resistance that lines up with the Fibonacci retracement Entry: 1.0749 Why we like it: There is overlap resistance with slightly below the 50% Fibonacci retracement. Stop Loss: 1.0826 Why we like it: Place it just above the swing high resistance Take Profit : 1.06941 Why we like it: There is an overlap support Please...
We are seeing that there is a bearish hidden divergence vs RSI, price could potentially drop down to the next support level Entry: 0.6690 Why we like it: There is a hidden divergence along with a 61.8% Fibonacci retracement Stop Loss: 0.6753 Why we like it: There is a swing high resistance Take Profit: 0.6577 There are multiple rejections in the...
Price is approaching our buy entry which could potentially push up to the next resistance. Entry: 1889 Why we like it: There is an overlap support along with 23.6% Fibonacci retracement. Stop Loss: 1861 Why we like it: There is overlap support along with 50% Fibonacci retracement Take Profit: 1924 Why we like it: There is overlap resistance Please be...
CHN50 - 24h expiry - We look to Sell at 13180 (stop at 13260) Buying pressure from 13031 resulted in prices rejecting the dip. The current move higher is expected to continue. The bias is still for lower levels and we look for any gains to be limited. We therefore, prefer to fade into the rally with a tight stop in anticipation of a move back lower. Further...
Dollar General - 30d expiry - We look to Sell a break of 212.47 (stop at 220.62) Daily signals are bearish. The sequence for trading is lower lows and highs. A clear break of 215 and we would look for further losses to 200. Our outlook is bearish. There is no clear indication that the downward move is coming to an end. Our profit targets will be 193.53 and...
Bitcoin - 24h expiry - We look to Sell at 25987 (stop at 26862) We are trading at overbought extremes. We look for a temporary move higher. The trend of higher highs is located at 26000. Preferred trade is to sell into rallies. The medium term bias is neutral. Our profit targets will be 23987 and 23687 Resistance: 24872 / 25200 / 26000 Support: 24000 /...
NIK225 - 24h expiry - We look to Buy at 27430 (stop at 27235) Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. A Doji style candle has been posted from the base. We are trading at oversold extremes. Price action looks to be forming a bottom. This is positive for sentiment and the uptrend has potential to...
XRP - 24h expiry - We look to Sell at 0.3898 (stop at 0.3968) The primary trend remains bearish. Trend line resistance is located at 0.3900. We look for a temporary move higher. Preferred trade is to sell into rallies. There is no clear indication that the downward move is coming to an end. Our profit targets will be 0.3718 and 0.3688 Resistance: 0.3700...