Looking at the H4 chart, my overall bias for USDCAD as the current price is above the Ichimoku Cloud. Looking for a pullback buy entry at 1.34289 where the 38.2% Fibonacci line is. We are looking to take profit at 1.35343 where the 61.8% Fibonacci line is, Stop loss will be placed at 1.33638, where the recent swing low is. Please be advised that the...
NIK225 - 24h expiry - We look to Buy at 27300 (stop at 27135) Selling pressure from 27741 resulted in all the initial daily gains being overturned. The current move lower is expected to continue. The bias is still for higher levels and we look for any dips to be limited. Previous support located at 27266. Preferred trade is to buy on dips. Our profit...
Ethereum - 24h expiry - We look to Sell a break of 1659 (stop at 1699) We are trading at overbought extremes. A Doji style candle has been posted from the high. A higher correction is expected. A break of the recent low at 1660 should result in a further move lower. Bearish divergence is expected to cap gains. Our profit targets will be 1559 and 1539...
Looking at the H4 chart, my overall bias for NZDUSD is slightly bullish as there is a key support level, the price tested and bounced from the 1st support level. Looking for a pullback buy entry at 0.62383 where below the 1st support level is. We are looking to take profit at 0.65195, which is the recent swing high, Stop loss will be placed at 0.61291, where the...
Looking at the H4 chart, my overall bias for AUDUSD is slightly bullish as there is a key support level, the price tested and bounced from the 1st support level. Looking for a pullback buy entry at 0.68760 below the 1st support level. We are looking to take profit at0.70097, which is the recent swing high, Stop loss will be placed at 0.68325, where the 61.8%...
Looking at the H4 chart, my overall bias for GBPJPY is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. Looking for a pullback buy entry at 159.436, where the overlap support and 50% Fibonacci line is. Stop loss will be at 157.539, where the recent low is. Take profit will be at 164.350, where the overlap resistance...
Looking at the H4 chart, my overall bias for USDJPY is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a pullback buy entry at 132.770, where the overlap support and 38.2% Fibonacci line is. Take profit will be at 134.772, where the previous swing high is. Stop loss will be at 131.525, where the previous...
Looking at the H4 chart, my overall bias for HSI is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. Looking for a pullback buy entry at 19926.48, where the overlap support and 78.6% Fibonacci line is. Stop loss will be at 18660.47, where the overlap resistance and 23.7% Fibonacci line is. Take profit will be at...
XRP - 24h expiry - We look to Sell a break of 0.3736 (stop at 0.3806) The sequence for trading is lower lows and highs. Our short term bias remains negative. A break of the recent low at 0.3740 should result in a further move lower. Our outlook is bearish. The lack of interest is a concern for bulls. Our profit targets will be 0.3561 and 0.3511...
CHN50 - 24h expiry - We look to Buy at 13540 (stop at 13470) Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. The trend of higher lows is located at 13455. This is positive for short term sentiment and we look to set longs at good risk/reward levels for a further correction higher. The hourly chart...
Home Depot Inc - 30d expiry - We look to Buy at 312.12 (stop at 298.22) The stock is currently outperforming in its sector. This stock has seen good sales growth. Bespoke support is located at 312. 307 has been pivotal. The primary trend remains bullish. We look to buy dips. Our profit targets will be 346.86 and 349.86 Resistance: 324 / 330 /...
Looking at the H4 chart, my overall bias for USDCAD is bullish, looking for a buy entry at 1.32701, taking profit at 1.38500, and stopping loss at 1.29621. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are...
Looking at the H4 chart, my overall bias for AUDUSD is slightly bearish as there is a key resistance level, Looking for a sell entry at 0.69969 where below the overlap resistance and 23.6% Fibonacci retracement. We are looking to take a profit at 0.68592, which is the recent swing low, Stop loss will be placed at 0.71414, where the recent swing high is.
Looking at the H4 chart, my overall bias for HSI is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. Looking for a pullback buy entry at 19926.48, where the overlap support and 78.6% Fibonacci line is. Stop loss will be at 18660.47, where the overlap resistance and 23.7% Fibonacci line is. Take profit will be at...
Looking at the H4 chart, my overall bias for XAUUSD is bearish due to the current price being below the Ichimoku cloud , indicating a bearish market. Looking for an immediate sell entry at 1854.435 to ride the bearish momentum. Stop loss will be at 1870.800, slightly above where the intermediary resistance is. Take profit will be at 1824.515, where the overlap...
Looking at the H4 chart, my overall bias is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market. Looking for a pullback sell entry at 1.12724, where the overlap resistance and 50% Fibonacci line is. Take profit will be at 1.10481, where the previous swing low is. Stop loss will be at 1.14351, where the previous swing high...
Litecoin - 24h expiry - We look to Sell at 96.29 (stop at 98.31) Posted a Double Top formation. We look for a temporary move higher. Early optimism is likely to lead to gains although extended attempts higher are expected to fail. Preferred trade is to sell into rallies. Our bespoke support of 94.50 has been clearly broken. Our profit targets will be 91.23...
NZDUSD - 24h expiry - We look to Buy at 0.6300 (stop at 0.6225) Previous support located at 0.6300. Previous resistance located at 0.6400. Price action has continued to trend strongly lower and has stalled at the previous support near 0.6300. Price action looks to be forming a bottom. Risk/Reward would be poor to call a buy from current levels. A move...