On the H4, with the price breaking the ascending channel and testing the previous key resistance at 1.33679, which is in line with the 127.2% fibonacci extension. If the price can break this level successfully, we can expect the price to rise to the take profit at 1.34424, where the 100% fibonacci projection, 200% fibonacci extension and 141.4% fibonacci extension...
On the H4 chart, prices are still moving in an ascending trend signaling bullish momentum- We're looking for a pullback buy entry at 142.570 where the previous swing low sits to take profit at 145.007 where the previous swing high and 161.8% extension sits. Our stop loss is placed at 141.500 where the 23.6% retracement and 100% projection sits
Please be advised...
On h4, with the price moving above the ichimoku cloud and ascending trendline, we have a bullish bias that the price may rise from the buy entry at 19.43150, which is the breakout of the descending trendline, to the take profit at 20.03606, where the 50% fibonacci retracement, 100% fibonacci projection and 78.6% fibonacci retracement are. Alternatively, the price...
General Motors Company
Short Term - We look to Buy at 39.04 (stop at 36.14)
The bullish engulfing candle on the daily chart is positive for sentiment. A bullish reverse Head and Shoulders is forming. This is positive for sentiment and the uptrend has potential to return. Dip buying offers good risk/reward. Further upside is expected.
Our profit targets...
XRP
Intraday - We look to Buy at 0.3636 (stop at 0.3529)
Expect trading to remain mixed and volatile. We look to buy dips. 20 4hour EMA is at 0.3633. 0.3630 has been pivotal.
Our profit targets will be 0.3893 and 0.3993
Resistance: 0.3800 / 0.3900 / 0.4000
Support: 0.3700 / 0.3600 / 0.3500
Please be advised that the information presented on TradingView...
AUDJPY
Intraday - We look to Buy at 95.50 (stop at 95.00)
Previous support located at 96.00. Previous resistance located at 96.50. Bullish divergence can be seen on the 4 hour chart (the chart makes a lower low while the oscillator makes a higher low), often a signal of exhausted bearish momentum, or at least a correction higher. Risk/Reward would be poor to...
On the H4, with the price moving within the descending channel and below ichimoku cloud , we have a weak bearish bias that the price may drop form the sell entry at 1680.935, which is in line with the overlap resistance to the take profit at 1658.160, which is in line with the swing low and 161.8% fibonacci extension . Alternatively, the price may rise to the stop...
On H4, with the price breaking the ichimoku cloud and RSI is showing an ascending trendline, we have a bullish bias that the price may rise to the buy entry at 0.96778, which is in line with the 50% fibonacci retracement. If the buy entry is broken, the take profit could be at 0.97841, where the 78.6% fibonacci retracement is. Alternatively, the price may drop to...
On H4, with the price moving below the ichimoku cloud and descending trendline, we have a bearish bias that the price may drop from the sell entry at 31040.44, which is in line with the swing low and 78.6% fibonacci retracement to the take profit at 30143.93, where the swing low is. Alternatively, the price may rise to the stop loss at 31581.28, where the swing...
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 1.1316 where the 127.2% extension sits and stop loss placed at 1.1572 where the 61.8%v projection sits
Please be advised that the information presented on Trading View...
On H4, with the price moving within the descending channel and below ichimoku cloud, we have a bearish bias that the price may drop form the sell entry at 91.097, which is in line with the swing low, 61.8% fibonacci projection and retracement to the take profit at 88.131, where the swing low and 100% fibonacci projection are. Alternatively, the price may rise to...
On H4, with the price moving below the ichimoku cloud and within a descending trendline, we have a bearish bias that the price may drop from the sell entry at 0.99694, which is in line with the previous swing lows to the take profit at 0.98792, where the swing low and 61.8% fibonacci projection are. Alternatively, the price may rise to the stop loss at 1.00118,...
On the H4 chart, prices are still moving in an ascending trend signaling bullish momentum- We're looking for a pullback buy entry at 142.570 where the previous swing low sits to take profit at 145.007 where the previous swing high and 161.8% extension sits. Our stop loss is placed at 141.500 where the 23.6% retracement sits
Please be advised that the information...
On H4, with the price moving below the ichimoku cloud and descending trendline, we have a bearish bias that the price may potentially go back up for the sell entry at 31048.46, which is in line with the swing low and 78.6% Fibonacci retracement to the take profit at 30166.01, where the swing low is. Alternatively, the price may rise to the stop loss at 31808.31,...
Ethereum
Intraday - We look to Buy a break of 1511 (stop at 1474)
Early pessimism is likely to lead to losses although extended attempts lower are expected to fail. This has resulted in signals for sentiment being at oversold extremes and we look for a move to the upside. Dips continue to attract buyers. The move has rejected dips and is expected to...
FedEx Corporation
Short Term - We look to Buy at 161.03 (stop at 148.79)
The company gave a bleak outlook for profits and plunged in the premarket by 20% .We are trading at oversold extremes. A move lower faces tough support and we remain cautious on downside potential. We therefore, prefer to fade into the dip with a tight stop in anticipation of a move...
On H4, with the price moving below the ichimoku cloud and descending trendline, we have a bearish bias that the price may drop from the sell entry at 31048.46, which is in line with the swing low and 78.6% Fibonacci retracement to the take profit at 30166.01, where the swing low is. Alternatively, the price may rise to the stop loss at 31808.31, where the 23.6%...
On H4, with the RSI is showing a descending trendline and MACD is showing a bearish divergence, as well there's a potential "double m" pattern, we would hold a bearish bias. If the price can break the sell entry at 141.983, which is the "neckline" of the double M pattern, we can expect the price drop to the take profit at 139.396, which is in line with the 38.2%...
