On H4, with the price moving within the descending channel and below ichimoku cloud, we have a bearish bias that the price may drop from the sell entry at 92.451, which is in line with the pullback support and 50% fibonacci retracement to the take profit at 88.501, where the swing low is. Alternatively, the price may rise to the stop loss at 96.129, where the...
EURJPY
Intraday - We look to Buy at 142.20 (stop at 141.40)
Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. This is positive for sentiment and the uptrend has potential to return. The hourly chart technicals suggests further downside before the uptrend returns. Preferred trade is to buy on dips.
Our...
Under Armour Inc
Short Term - We look to Sell at 9.16 (stop at 9.59)
The primary trend remains bearish. Bespoke resistance is located at 9.25. Resistance could prove difficult to breakdown. Preferred trade is to sell into rallies.
Our profit targets will be 8.06 and 7.50
Resistance: 9.25 / 11.50 / 18.00
Support: 8.00 / 6.00 / 3.00
Please be advised...
Bitcoin
Intraday - We look to Sell at 20448 (stop at 20902)
Price action continued to range between key support & resistance (19500 - 20500) and we expect this to continue. Daily signals are bearish. Preferred trade is to sell into rallies. Expect trading to remain mixed and volatile.
Our profit targets will be 19444 and 19044
Resistance: 20500 / 21000 /...
EURUSD
Intraday - We look to Sell at 0.9988 (stop at 1.00362)
The medium term bias remains bearish. A bearish Head and Shoulders is forming. Selling spikes offers good risk/reward. We look for losses to be extended today.
Our profit targets will be 0.9864 and 0.9825
Resistance: 0.9992 / 1.0200 / 1.0775
Support: 0.9850 / 0.9750 / 0.9700
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 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 H4, with the price moving below the long term descending trendline and stoch is showing a descending trendline, we have a bearish bias that the price may drop from the sell entry at 19.38914, which is in line with the 23.6% fibonacci retracement and previous swing lows to the take profit at 18.79320, where the 50% fibonacci retracement and overlap support are....
On H4, with the price moving below the ichimoku cloud and Stoch is above 80, we have a bearish bias that the price may drop from the sell entry at 0.96551, which is in line with the previous swing highs and 50% fibonaci retracement to the take profit at 0.95087, which is in line with the swing low. Alternatively, the price may rise to the stop loss at 0.97560,...
Equitrans Midstream Corp
Short Term - We look to Buy at 9.43 (stop at 8.63)
The medium term bias remains bullish. We look for a temporary move lower. Support is located at 9.40 and should stem dips to this area. Support could prove difficult to breakdown. Dip buying offers good risk/reward.
Our profit targets will be 11.13 and 12.00
Resistance: 11.14 /...
On H4, with the price moving below the ichimoku could and descending trednline, we have a bearish bias that the priuce may drop form the sell entry at 3900.62, where the 61.8% fibonacci retracement is to the take profit at 3711.21, which is in line with the 61.8% fibonacci projection. Alternatively, the price may rise to the stop loss at 4017.48, which is in line...
Litecoin
Intraday - We look to Sell at 64.17 (stop at 65.51)
64.17 has been pivotal. 64.45 has been pivotal. The previous swing high is located at 64.67. Preferred trade is to sell into rallies.
Our profit targets will be 61.02 and 60.62
Resistance: 60.00 / 62.50 / 64.00
Support: 58.50 / 57.00 / 56
Please be advised that the information presented on...
On H4, with the price moving below the ichimoku cloud and descending trendline, as well as the RSI is showing an descending trend, we have a bearish bias that the price may drop from the sell entry at 92.027, which is in line with the 50% fibpnacci retracement to the take profit at 00.366, where the swing low is. Alternatively, the price may rise to the stop loss...
On H4, with the price moving below the ichimoku cloud and RSI is showing a descending trendline, we have a bearish bias that the price may drop from the sell entry at 0.96266, which is in line with the overlap resistance to the take profit at 0.95087, which is in line with the swing low. Alternatively, the price may rise to the 0.96710, where the 50% fibonacci...
AUDJPY
Intraday - We look to Buy at 96.25 (stop at 95.75)
Previous support located at 96.25. Previous resistance located at 97.00. A lower correction is expected. We expect a reversal in this move. Risk/Reward would be poor to call a buy from current levels. A move through 97.00 will confirm the bullish momentum.
Our profit targets will be 97.75 and 98.00...
On the H4 chart, prices are still moving in an ascending trend signaling bullish momentum-however, it looks like its forming a double top- we're looking for a short term short position. Pull back sell entry at 145.062 to take profit at 141.488 where the 23.6% retracement sits and stop loss at 139.428 where the 61.8% projection and 38.2% retracement sits
Please be...
Sonos Inc
Short Term - We look to Buy at 15.55 (stop at 14.55)
Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. There is scope for mild selling at the open but losses should be limited. Support is located at 15.50 and should stem dips to this area. Dip buying offers good risk/reward. Although the...
XRP
Intraday - We look to Buy a break of 0.3601 (stop at 0.3544)
A break of bespoke resistance at 0.3600, and the move higher is already underway. Short term bias is mildly bullish. Trading has been mixed and volatile. Our short term bias remains positive.
Our profit targets will be 0.3749 and 0.3799
Resistance: 0.3600 / 0.3700 / 0.3800
Support: 0.3500 /...
EURJPY
Intraday - We look to Buy at 142.80 (stop at 141.80)
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. 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 tight stop in anticipation of a move...
