AUDUSD
Intraday - We look to Buy at 0.6350 (stop at 0.6295)
We are trading at oversold extremes. A Doji style candle has been posted from the base. 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 technicals suggests further downside before the uptrend returns. We...
On H4, with the price moving below ichimoku cloud and showing a shoulder head pattern , we have a bearish bias that the price may drop form the sell entry at 1.36567, which is in line with the 38.2% fibonacci retracement and overlap to the take profit at 1.33537 where the 61.8% fibonacci retracement is. Alternatively, the price may rise to the stop loss at...
On H4, with the price breaking the descending trendline and above ichomoku cloud, we have a bullish bias that the price may rise from the buy entry at 94.704, which is in line with the overlap support to the take profit at 104.818, where the 50% fibonacci retracement and previous swing high are. Alternatively, the price may drop to the stop loss at 89.447, which...
On H4, with the price moving below ichimoku clolud, and breaking the ascending trendline, we have a bearish bias that the price may drop form the sell entry at 0.99987 which is in line with the 50% fibonacci retracement to the take profit at 0.97395, where the 61.8% fibonacci retracement is. Alternatively, the price may rise to the stop loss at 1.01443, which is...
On H4, with the price breaking the descending channel and above ichimoku cloud, we have a bullish bias that the price may rise from the buy entry at 0.64079, which is in line with the swing low support to the take profit at 0.66741, where the 50% fibonacci retracement is. Alternatively, the price may drop to the stop loss at 0.63027, which is in line with the 50%...
On the H4 chart, the overall bias for DJI is bullish. To add confluence to this, price is above the Ichimoku cloud which indicates a bullish market. Looking for a pullback buy entry at 31187.32 where the 38.2% and 61.8% Fibonacci lines are located. To add confluence to that area, there is a market gap that looks good to be filled. Stop loss will be set at...
Pinterest
Intraday - We look to Sell at 25.99 (stop at 27.91)
We are trading within a Bullish Ascending Triangle formation. Neckline resistance 26.00. Resistance could prove difficult to breakdown. We therefore, prefer to fade into the rally with a tight stop in anticipation of a move back lower.
Our profit targets will be 21.38 and 20.00
Resistance:...
Bitcoin
Intraday - We look to Buy a break of 21012 (stop at 20498)
There is no clear indication that the upward move is coming to an end. A break of yesterdays high would confirm bullish momentum. A break of bespoke resistance at 21000, and the move higher is already underway. Our outlook is bullish. Our bespoke resistance of 20500 has been clearly broken....
EURGBP
Intraday - We look to Buy at 0.8580 (stop at 0.8530)
There is no sign that this bearish momentum is faltering but the pair has stalled close to a previous swing low of 0.8579. We are trading at oversold extremes. This is positive for short term sentiment and we look to set longs at good risk/reward levels for a further correction higher. Further...
On H4, with the price breaking the descending channel and above ichimoku clou, we have a bullish bias that the price may rise from the buy entry at 0.64101, which is in line with the overlap support to the take profit at 0.66741, where the 50% fibonacci retracement is. Alternatively, the price may drop to the stop loss at 0.63456, which is in line with the 50%...
On H4, with the price moving below ichimoku clolud, and breaking the ascending trendline, we have a bearish bias that the price may drop form the sell entry at 1.00297 which is in line with the 61.8% fibonacci retracement to the take profit at 0.97395, where the 61.8% fibonacci retracement is. Alternatively, the price may rise to the stop loss at 1.01492, which is...
On H4, with the price tapping onto our sell entry at 32144.40 where the 61.8% and 50% Fibonacci lines are. We are looking to take profit at 29640.37, where the 100% Fibonacci line and previous swing low is. Stop loss will be set at 33364.70, slightly above where the 78.6% Fibonacci line is located.
Please be advised that the information presented on TradingView...
On H4, with the price moving below ichimoku cloud and showing a shoulder head pattern , we have a bearish bias that the price may drop form the sell entry at 1.36008, which is in line with the 23.6% fibonacci retracement and overlap to the take profit at 1.33537 where the 61.8% fibonacci retracement is. Alternatively, the price may rise to the stop loss at...
On H4, with the price breaking the descending trendline and above ichomoku cloud, we have a bullish bias that the price may rise from the buy entry at 94.704, which is in line with the overlap support to the take profit at 104.81, where the 50% fibonacci retracement and previous swing high are. Alternatively, the price may drop to the stop loss at 89.006, which is...
Catalent
Short Term - We look to Buy at 63.84 (stop at 56.95)
The primary trend remains bearish. Bespoke support is located at 63.30. Support could prove difficult to breakdown. We look for a temporary move lower. Preferred trade is to buy on dips.
Our profit targets will be 82.27 and 88.00
Resistance: 82.50 / 100.00 / 120.00
Support: 63.30 / 48.00 /...
Litecoin
Intraday - We look to Buy at 55.31 (stop at 53.98)
Upward pressure has continued and the previous resistance area of 55.50 has been broken. Short term bias has turned positive. We look for a temporary move lower.
Our profit targets will be 58.88 and 59.88
Resistance: 56.80 / 58.00 / 59.00
Support: 56.00 / 55.00 / 54.00
Please be advised that...
EURJPY
Intraday - We look to Buy at 145.55 (stop at 144.70)
Selling pressure from 147.70 resulted in all the initial daily gains being overturned. The current move lower is expected to continue. The reaction lower is negative, however, we view this as an opportunity to set longs in line with the overall bullish move higher. We therefore, prefer to fade into...
On H4, with the price breaking the descending channel and above ichimoku cloud, we have a bullish bias that the price may rise from the buy entry at 0.64551, which is in line with the 23.6% fibonacci retracement to the take profit at 0.66741, where the 50% fibonacci retracement is. Alternatively, the price may drop to the stop loss at 0.63456, which is in line...
