Looking at the H4 chart, my overall bias for XAUUSD is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. Looking for a buystop entry at 1942.555, where the recent high is to ride the bullish momentum. Stop loss will be at 1924.260, where the previous overlap support is. Take profit will be at 1998.460, where the...
Looking at the H4 chart, my overall bias for EURGBP is bullish due to the current price crossing above the Ichimoku cloud, indicating a bullish market structure. Looking for a pullback buy entry at 0.87952, where the overlap support and 38.2% Fibonacci line s. Stop loss will be at 0.87219, where the recent swing low is. Take profit will be at 0.88974, where the...
NIK225 - 24h expiry - We look to Buy at 26840 (stop at 26560) 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. We therefore, prefer to fade into the dip with a...
Apple - Short Term - We look to Buy at 135.18 (stop at 129.88) Bespoke support is located at 134.40. Levels below 135 continue to attract buyers. Prices have reacted from 124.17. A bullish reverse Head and Shoulders is forming. We look for a temporary move lower. This is currently an actively traded stock. Our profit targets will be 148.88 and 150.88...
Litecoin - 24h expiry - We look to Buy at 88.82 (stop at 86.78) Our short term bias remains positive. 20 4hour EMA is at 88.83. We look to buy dips. There is no clear indication that the upward move is coming to an end. Our profit targets will be 93.92 and 94.92 Resistance: 91.30 / 92.70 / 94.00 Support: 88.80 / 88.00 / 86.30 Please be advised that the...
NZDJPY - 24h expiry - We look to Sell at 85.00 (stop at 85.75) Previous support located at 84.00. Previous resistance located at 84.50. Indecisive price action has resulted in sideways congestion on the intraday chart. A move through 84.00 will confirm the bearish momentum. Our profit targets will be 82.50 and 82.00 Resistance: 84.50 / 85.00 /...
Disney - 30d expiry - We look to Buy at 100.22 (stop at 96.86) Previous resistance at 100 now becomes support. Trading close to the psychological 100 level. We look to buy dips. Short term momentum is bullish. We look for a temporary move lower. Bespoke support is located at 100. Support could prove difficult to breakdown. Our profit targets will be...
Ethereum - Intraday - We look to Sell a break of 1599 (stop at 1637) We are trading at overbought extremes. Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. Bearish divergence can be seen on the daily chart (the chart makes a higher high while the oscillator makes a lower high), often a signal of exhausted...
OKTA - 30d expiry - We look to Buy a break of 74.31 (stop at 68.78) Short term bias has turned negative. A break of the recent high at 74.31 should result in a further move higher. Short term momentum is bullish. Price action looks to be forming a bullish flag/pennant. The bias is to break to the upside. Our profit targets will be 86.96 and 87.96...
Ethereum - 24h expiry - We look to Sell at 1579 (stop at 1618) A Doji style candle has been posted from the high. The bearish engulfing candle on the 4 hour chart is negative for sentiment. We look for a temporary move higher. Bespoke resistance is located at 1580. Rallies should be capped by yesterday's high. Our profit targets will be 1481 and 1461...
Looking at the H4 chart, we can see that the 1st support is at 0.64102 which is overlap support that is in line with the 50% Fibonacci line. If the price breaks this level, we could see it drop to 2nd support is down at 0.63355. As the current price is above the Ichimoku cloud and there is an ascending trend line, which suggests bullish momentum. For the...
Price has retested overlap support which is now bouncing back. our buy entry at the current price of 0.63974. It could potentially rise to 0.70622 which is a recent swing high resistance. It is worth noting that there is an ascending channel that is providing bullish momentum to this trade. Please be advised that the information presented on TradingView is...
Looking at the Daily chart , my overall bias for AUDUSD is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. Still awaiting for price to tap into the pullback buy entry at 0.68642, where the overlap support and 38.2% Fibonacci line is. Stop loss will be at 0.66292, where the recent low is. Take profit will be at...
Looking at the H4 chart, my overall bias for XAUUSD is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. Looking for a retracement pullback buy entry at 1924.260, where the overlap support is. Stop loss will be at 1899.685, where the previous overlap support and recent low are. Take profit will be at 1998.460, where the...
Looking at the H4 chart, my overall bias for RUT is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Look for a potential buy entry at 1789.4537, where the overlap support and 61.8% Fibonacci line is. Stop loss will be at 1722.0208, where the previous swing low is. Take profit will be at 1911.6949, where the overlap...
EURAUD - 24h expiry - We look to Buy at 1.5620 (stop at 1.5550) Previous support located at 1.5600. Previous resistance located at 1.5700. There is no indication that the rally is coming to an end. Risk/Reward would be poor to call a buy from current levels. A move through 1.5600 will confirm the bullish momentum. Our profit targets will be 1.5800 and...
Peloton - 30d expiry - We look to Sell at 12.98 (stop at 14.41) The primary trend remains bearish. This stock has seen poor sales growth. The trend of lower highs is located at 13.15. The previous swing high is located at 13.35. Preferred trade is to sell into rallies. We look for a temporary move higher. Our profit targets will be 9.41 and 9.01...
Bitcoin - 24h expiry - We look to Sell a break of 20199 (stop at 20651) We are trading at overbought extremes. The bearish engulfing candle on the daily chart is negative for sentiment. We look for losses to be extended today. A break of the recent low at 20236 should result in a further move lower. Our profit targets will be 19111 and 18711 Resistance:...