EURSEK Intraday - We look to Buy at 10.6539 (stop at 10.6164) The medium term bias remains bullish. We look to buy dips. Our short term bias remains positive. Downward pressure has continued and we are assessed as being in the corrective leg lower before the next rally. Previous support located at 10.6500. Our profit targets will be 10.7529 and 10.8182...
On the H4, with the price moving below the ichimoku cloud and moving within the descending channel, we have a bearish bias that the price may drop to the sell entry at 0.67020, which is in line with the previous swing low. If the price can break this support level , the take profit could be at 0.66400, where the 78.6% fibonacci projection is. Alternatively, the...
On the H4, with prices below ichimoku cloud and descending trendline, we have a bearish bias. The sell entry could be at 1714.540, which is inline with the overlap support, if the price break the sell entry, we could expect to take profit at 1691.732, which is in line with the previous swing low, 78.6% and 100% fibonacci projection . Alternatively, the price may...
On the H4, with price moving below the ichimoku indicator, we have a bearish bias that price will drop from sell entry at 31912 where the pullback resistance and 23.6% fibonacci retracement are to the take profit at 30979 where the swing low support is. Alternatively, price could break entry structure and rise to stop loss at 32627 where the pullback resistance,...
Live Nation Entertainment Short Term - We look to Sell at 90.13 (stop at 93.80) The medium term bias remains bearish. A bearish Head and Shoulders is forming. The measured move target is 81.00. Further downside is expected although we prefer to sell into rallies close to the 91.00 level. Our profit targets will be 81.20 and 79.00 Resistance: 93.00 /...
Litecoin Intraday - We look to Buy at 52.41 (stop at 51.17) We are trading at oversold extremes. Trend line support is located at 52.00. We look to buy dips. With signals for sentiment at oversold extremes, the dip could not be extended. Our profit targets will be 55.88 and 56.68 Resistance: 55.00 / 56.00 / 57.50 Support: 53.00 / 52.00 / 51.00 Please...
EURJPY Intraday - We look to Buy at 141.30 (stop at 140.35) We are trading at overbought extremes. A lower correction is expected. With the Ichimoku cloud support below we expect dips to be limited. We look to buy dips. Our profit targets will be 144.10 and 144.30 Resistance: 144.30 / 147.25 / 151.00 Support: 141.70 / 138.85 / 135. Please be advised...
On H4, with the price moving above the ichimoku cloud and ascendingh trendline, we have a bullish bias that the price may rise from the buy entry at 0.98848, which is in line with the swing high to the 1.00412, where the previous significant swing high is. Alternatively, the price may drop to the stop loss at 0.97545, which is in line with the 23.6% fibonacci...
On the H4, with prices below ichimoku cloud , we have a bearish bias that the price may drop to the sell entry at 1693.290, where the swing low is. If the price can break this sell entry, the take profit could be at 1680.451, where the significant swing low and 61.8% fibonacci projection are. Alternatively, the price may pull back from the sell entry and rise to...
On the H4, with price moving along the descending trendline and below the ichimoku indicator, we have a bearish bias that price will drop from sell entry at 31209 where the pullback support is to the take profit at 30446 where the pullback support and 78.6% fibonacci retracement are. Alternatively, price could break entry structure and rise to stop loss at 31922...
Chevron Corporation Short Term - We look to Sell at 162.55 (stop at 167.91) Our outlook is bearish. The trend of lower highs is located at 166.80. A firmer opening is expected to challenge bearish resolve. Preferred trade is to sell into rallies. Further downside is expected. Our profit targets will be 148.94 and 144.00 Resistance: 165.00 / 182.00 /...
Ethereum Intraday - We look to Buy at 1581 (stop at 1541) Short term bias has turned positive. We look for a temporary move lower. We look to buy dips. 50 4hour EMA is at 1580. Our profit targets will be 1678 and 1708 Resistance: 1700 / 1750 / 1800 Support: 1650 / 1600 / 1550 Please be advised that the information presented on TradingView is provided...
EURUSD Intraday - We look to Sell at 0.9992 (stop at 1.0042) The medium term bias remains bearish. We are assessed to be in a corrective mode higher. Reverse trend line resistance comes in at 0.9995. We therefore, prefer to fade into the rally with a tight stop in anticipation of a move back lower. Our profit targets will be 0.9881 and 0.9850...
On H4, with the price moving within the ascending trendline and above ichimoku cloud, we have a bullish bias that the price may rise from the buy entry at 0.97852, which is in line with the 23.6% fibonacci retracement to the take profit at 0.98545, where the swing highs are. Alternatively, the price may drop to the stop loss at 0.96739, where the overlap support...
On h4, with the price breaking the descending trendline and there is a golden cross, we have a bullish bias that the price may rise from the buy entry at 3.4507, where the 23.6% fibonacci retracement is to the take profit at 3.5515, where the50% fibonacci retracement and previous swing lows are. Alternatively, the price may drop to the stop loss at 3.3749, where...
On the H4, with prices breaking out of the ascending trendline and moving below the ichimoku indicator, we have a bearish bias that the price will drop from sell entry at 3943.66 where the pullback resistance is to the take profit at 3724.28 where the swing low support is. Alternatively, price could break entry structure and rise to stop loss at 4091.56 where the...
Morgan Stanley Short Term - We look to Sell at 87.23 (stop at 89.69) The medium term bias remains bearish. There is scope for mild buying at the open but gains should be limited. Prices expected to stall near trend line resistance. Further downside is expected. Preferred trade is to sell into rallies. Our profit targets will be 80.98 and 79.00...
On H4, with the price moving below the ichimoku cloud and trendline, we have a bearish bias that the price may drop from the sell entry at 0.67648, where the swing lows are to the take profit at 0.67086, which is in line with the significant swing low. Alternatively, the price may rise to the stop loss at 0.68287, where the 23.6% fibonacci retracement is. Please...