Bitcoin
Intraday - We look to Sell at 20378 (stop at 20701)
Daily signals are bearish. We look for a temporary move higher. Preferred trade is to sell into rallies. 20400 has been pivotal. Bespoke resistance is located at 20500.
Our profit targets will be 19551 and 19151
Resistance: 19500 / 20000 / 20500
Support: 19000 / 18500 / 18000
Please be advised...
On the H4 chart prices are still in a downward trend, respecting the ichimoku as well as the descending channel- we are bearish biased. We're looking for a breakout entry at 1.1192 where the 161.8% extension and swing low sits to take profit at 1.0636 where the previous swing low sits. Our stop loss is placed at 1.14467 where the 50% retracement and 78.6%...
On the H4 chart prices are still in a downward trend, respecting the ichimoku as well as the descending channel- we are bearish biased. we're looking for a pullback sell entry at 0.9895 where the 23.6% retracement sits to take profit at 0.9699 where the 100% projection sits. Stop loss is placed at 1.0035 where the 78.6% projection and 61.8% retracement...
On h4, with the RSI is showing a descending trendline and price is under ichimoku cloud, we have a bearish bias that the price may drop form the sell entry at 160.696, which is in line with the overlap resistance to the take profit at 157.871, where the 61.8% fibonacci retracement is. Alternatively, the price may rise to the stop loss at 162.320, where the 38.2%...
On the H4 chart, DJI is on a strong bearish trend. Expecting price to break past 29653.29 where the previous swing low lies, looking for a short term buy
at 27705.84, where the -27.2% Fibonacci expansion line and the massive 50% weekly Fibonacci line lies. A safer stop loss will be at 26798.05 where the 161.8% Fibonacci
extension line lies. Take profit will be at...
On h4, with the price moving below the ichimoku cloud and descending channel, we have a bearish bias that the price may drop from the sell entry at 1676.880, which is in line with the swing highs to the take profit at 1653.458, where the swing lows and 100% fibonacci projection are. Alternatively, the price may rise to the stop loss at 1687.844, where the overlap...
USDCHF
Intraday - We look to Sell at 0.9856 (stop at 0.9881)
The previous swing high is located at 0.9870. We look for a temporary move higher. Preferred trade is to sell into rallies.
Our profit targets will be 0.9795 and 0.9785
Resistance: 0.9800 / 0.9830 / 0.9860
Support: 0.9760 / 0.9730 / 0.9700
Please be advised that the information presented on...
JPMorgan Chase
Intraday - We look to Buy at 109.10 (stop at 104.26)
Short term momentum is bearish. Bespoke support is located at 109.00. Price action continues to gravitate towards crucial support levels with aggressive selling interest. Support could prove difficult to breakdown. We therefore, prefer to fade into the dip with a tight stop in anticipation...
Ethereum
Intraday - We look to Sell at 1415 (stop at 1456)
With signals for sentiment at oversold extremes, the dip could not be extended. Preferred trade is to sell into rallies. Risk/Reward would be poor to call a sell from current levels. Daily signals are bearish. Traded to the lowest level in 67 days.
Our profit targets will be 1314 and 1284...
USDCAD
Intraday - We look to Buy at 1.3410 (stop at 1.3350)
Previous support located at 1.3500. Previous resistance located at 1.3530. Further upside is expected. Risk/Reward would be poor to call a buy from current levels.
Our profit targets will be 1.3530 and 1.3550
Resistance: 1.3530 / 1.3550 / 1.3600
Support: 1.3500 / 1.3450 / 1.3410
Please be...
On H4, with the price moving below the Ichimoku cloud and descending trendline, we have a bearish bias that the price may drop to 28389.36 where the 127.2% and 161.8% Fibonacci extensions are. Looking for a buy entry at that area 28389.36, with stop loss at 27558.84 where the 145% Fibonacci extension line is. Take profit will be at 29653.29, where the 100%...
On the H4, with the price moving within the descending channel and below ichimoku cloud, if the price can break the sell entry at 1660.775, which is in line with the 100% fibonacci projection and 161.8% fibonacci extension, we would have a bearish bias that the price may drop to the taken profit at 1626.624, which is in line with the 141.4% fibonacci extension and...
On the H4, with the price moving within the descending channel and below ichimoku cloud, if the price can break the descending channel successfully, we could have a bearish bias that the price may drop from the sell entry at 0.68914, which is the breakout of the current descending channel to the take profit at 0.65107, which is in line with the 127.2% fibonacci...
Lockheed Martin Corporation
Shortterm - We look to Buy at 423.15 (stop at 403.98)
Price action looks to be forming a bullish flag/pennant. This is positive for sentiment and the uptrend has potential to return. There is scope for mild selling at the open but losses should be limited. Further upside is expected although we prefer to buy into dips close to...
Litecoin
Intraday - We look to Buy a break of 54.01 (stop at 52.58)
We are trading at oversold extremes. A higher correction is expected. A break of bespoke resistance at 54.00, and the move higher is already underway. Expect trading to remain mixed and volatile. A break of yesterdays high would confirm bullish momentum. The trend of higher lows is located...
EURNZD
Intraday - We look to Buy at 1.6832 (stop at 1.6798)
Price action has broken from the previous formation. There is no clear indication that the upward move is coming to an end. We look to buy dips. 20 4hour EMA is at 1.6830. We are trading at overbought extremes.
Our profit targets will be 1.6926 and 1.6946
Resistance: 1.6920 / 1.6950 /...
On H4, with the price moving below the ichimoku cloud and descending trendline, we have a bearish bias that the price may retrace back up to the 50% Fibonacci line and then drop from the sell entry at 31490.75, to the take profit at 29891.63, where the swing low is. Alternatively, the price may rise to the stop loss at 32504.04, where the swing high is.
Please be...
On the H4, price is still respecting the descending trend hence we are bearish bias. We're looking for a pullback sell entry at the 1.1446 area where the previous swing high sits to take profit at 1.1192 where the 161.8% extension, 61.8% projection sits and stop loss placed at 1.1531 where the 50% retracement sits
Please be advised that the information presented...
