Litecoin - 24h expiry - We look to Buy a break of 95.51 (stop at 93.51) Daily signals are bullish. There is no clear indication that the upward move is coming to an end. A break of yesterdays high would confirm bullish momentum. We look for gains to be extended today. Short term momentum is bullish. Our profit targets will be 100.51 and 101.51...
XRP - 24h expiry - We look to Sell at 0.5214 (stop at 0.5314) We are trading at overbought extremes. Bearish divergence is expected to cap gains. The bearish engulfing candle on the 4 hour chart is negative for sentiment. Broke the sequence of 5 positive daily performances. Rallies should be capped by yesterday's high. Our profit targets will be 0.4964 and...
NORTHERN OIL AND GAS - 30d expiry - We look to Sell a break of 29.48 (stop at 31.02) Short term bias has turned negative. There is no clear indication that the downward move is coming to an end. The bias is to break to the downside. A break of the recent low at 29.57 should result in a further move lower. A sequence of daily lower lows and highs has been...
USDCAD is approaching a key support level and could potentially reverse from here. We could see price bounce up to our take profit target. Entry: 1.35229 Why we like it: There is an overlap support that aligns with the 78.6% Fibonacci retracement Stop Loss: 1.31697 Why we like it: There is an overlap support Take Profit: 1.36503 Why we like it: There is an...
GBPUSD is approaching a key resistance level and could potentially reverse from here. We could see price move down to our take profit target. Entry: 1.24681 Why we like it: There is an overlap resistance that sits just above the 38.2% Fibonacci retracement Stop Loss: 1.25323 Why we like it: There is an overlap resistance Take Profit: 1.23495 Why we like...
AUDUSD is approaching a key resistance level and could potentially reverse from here. We could see price move down to our take profit target. Entry: 0.65443 Why we like it: There is an overlap support that aligns with the 23.6% Fibonacci retracement Stop Loss: 0.65801 Why we like it: There is an overlap support Take Profit: 0.64582 Why we like it: There is an...
NAS100 is rising towards our buy entry and potentially break out to the upside from here. We could see momentum carry price up to our take profit target. Entry: 14332.95 Why we like it: Confirmation of bullish breakout Stop Loss: 14227.50 Why we like it: There is an overlap support Take Profit: 14541.40 Why we like it: There is a recent swing-high Please be...
NZDJPY - 24h expiry - We look to Sell at 84.50 (stop at 84.90) Previous support located at 83.50. Previous resistance located at 84.00. Broken out of the channel formation to the downside. Further downside is expected. Risk/Reward would be poor to call a sell from current levels. Our profit targets will be 83.50 and 83.25 Resistance: 84.00 / 84.50 /...
Litecoin - 24h expiry - We look to Sell a break of 87.98 (stop at 90.02) The bearish engulfing candle on the 4 hour chart is negative for sentiment. The medium term bias is neutral. Short term momentum is bearish. A break of the recent low at 88.06 should result in a further move lower. We look for losses to be extended today. Our profit targets will be...
USDCHF is rising towards a key resistance level and potentially reverse from here. We could see price drop down to our take profit target. Entry: 0.91415 Why we like it: There is an overlap resistance Stop Loss: 0.92095 Why we like it: There is an overlap resistance Take Profit: 0.90287 Why we like it: There is an overlap support Please be advised that the...
DAX40 could approach a key support level and could potentially reverse from here. We could see price bounce up to our take profit target. Entry: 15709.05 Why we like it: There is an overlap support Stop Loss: 15503.45 Why we like it: There is an overlap support just beyond the -27.2% Fibonacci expansion Take Profit: 16021.35 Why we like it: There is an overlap...
ETHUSD is approaching a key support level and could potentially reverse from here. We could see price bounce up to our take profit target. Entry: 1843.72 Why we like it: There is an overlap support that aligns with the 50.0% Fibonacci retracement Stop Loss: 1783.63 Why we like it: There is an overlap support Take Profit: 1912.79 Why we like it: There is an...
SP500 is approaching a key support level and could potentially reverse from here. We could see price bounce up to our take profit target. Entry: 4176.92 Why we like it: There is an overlap support that aligns with the 50.0% Fibonacci retracement Stop Loss: 4152.69 Why we like it: There is an overlap support that aligns with the 61.8% Fibonacci retracement Take...
NZDJPY - 24h expiry - We look to Sell at 85.00 (stop at 85.36) Previous support located at 84.50. Previous resistance located at 85.00. Broken out of the channel formation to the downside. Reverse trend line resistance comes in at 85.50. Further downside is expected although we prefer to sell into rallies close to the 85.00 level. Our profit targets will...
Berkshire Hathaway B - 30d expiry - We look to Buy at 319.21 (stop at 314.21) Price action continued to range between key support & resistance (320 - 330) although we expect a break of this range soon. The bias is to break to the upside. The primary trend remains bullish. This is currently an actively traded stock. Support is located at 320 and should stem...
Litecoin - 24h expiry - We look to Buy at 89.11 (stop at 86.11) Previous resistance at 89.00 now becomes support. Support is located at 89.00 and should stem dips to this area. Short term oscillators have turned negative. Short term bias has turned positive. 50 4hour EMA is at 89.09. Expect trading to remain mixed and volatile. Our profit targets will be...
GBPUSD is rising towards a key resistance level and potentially reverse from here. We could see price drop down to our take profit target. Entry: 1.23996 Why we like it: There is an overlap resistance that aligns close to the 23.6% Fibonacci retracement Stop Loss: 1.24665 Why we like it: There is an overlap resistance Take Profit: 1.23081 Why we like it: There...
BTCUSD is close to a key support level and could potentially reverse from here. We could see price bounce up to our take profit target. Entry: 24479.49 Why we like it: There is an overlap support that aligns with the 38.2% Fibonacci retracement Stop Loss: 26786.35 Why we like it: There is an overlap support that aligns with the 61.8% Fibonacci retracement Take...