On H4, with the price moving below the ichimoku cloud and MA, we have a bearish bias that the price may drop from the sell entry at 18.64025, where the current price is to the take profit at 18.13879, where the swing low and 61.8% fibonacci projection are. Alternatively, the price may rise to the stop loss at 19.41105, where the swing highs are.
Please be advised...
Bitcoin
Intraday - We look to Buy at 21251 (stop at 20688)
Trading within a Corrective Channel formation. The trend of higher lows is located at 21200. Dips continue to attract buyers.
Our profit targets will be 22648 and 23148
Resistance: 21700 / 22500 / 23000
Support: 21000 / 20800 / 20000
Please be advised that the information presented on...
Dollar General
Short Term - We look to Sell a break of 242.72 (stop at 250.70)
Following yesterday's bullish candle, the overall trend higher looks set to reverse today. Trading within the Channel formation. The bias is to break to the downside. A break of support at 244.00 should lead to a more aggressive move lower towards 220.00.
Our profit targets will...
EURCHF
Intraday - We look to Sell at 0.9639 (stop at 0.9659)
Our short term bias remains negative. Intraday rallies continue to attract sellers and there is no clear indication that this sequence for trading is coming to an end. 50 4hour EMA is at 0.9630. The previous swing high is located at 0.9656.
Our profit targets will be 0.9586 and 0.9576
Resistance:...
On the H4, prices seem to be in a bearish momentum as prices are still below the ichimoku cloud and in a descending trend. we're still looking for a pullback sell entry at 1.1858 where the 23.6% retracement sits. our take profit will be placed at the previous swing low at 1.17433 and stop loss at 1.1897 where the 61.8% projection sits
Please be advised that the...
On the H4 chart, prices are above the ichimoku cloud and has confirmed a bullish momentum breaking the previous high. Short term- we're looking for a pullback buy entry at 135.462 where the 61.8% projection and 38.2% retracement sits, take profit at 137.626 where the 78.6% fibonacci retracement and 161.8% extension sits. Our stop loss will be placed at 133.874...
On the H4, with price moving within the descending trendline and below the ichimoku indicator, we have a bearish bias that price will drop from sell entry at 0.62056, where the overlap support and 61.8% fibonacci retracement are to the take profit at 0.61488, where the swing low and 78.6% fibonacci retracement are. Alternatively, price could rise to stop loss at...
On the H4, with prices moving within the descending trendline, below ichimoku cloud , we have a bearish bias that the price may drop from the sell entry at 1750.410, which is in line with the 38.2% fibonacci retracement to the take profit at 1731.841, which is in line with the 61.8% fibonacci retracemenet and overlap support. Alternatively, the price may rise to...
On the H4, with price moving along the ascending trendline and bouncing off the stochastic support, we have a bullish bias that price will rise to buy entry at 33481 where the pullback resistance and 50% fibonacci retracement are. Should price break entry structure, we would expect bullish momentum to carry price to take profit at 34271 where the swing high...
Snowflake
Short Term - We look to Sell at 193.62 (stop at 220.84)
This stock surged after earnings report on premarket. We are trading at overbought extremes. A lower correction is expected. A move higher faces tough resistance and we remain cautious on upside potential. Selling spikes offers good risk/reward.
Our profit targets will be 132.14 and 120.00...
Bitcoin
Intraday - We look to Sell at 21780 (stop at 21983)
21800 has been pivotal. The bias is still for lower levels and we look for any gains to be limited. Price continues to trade within the bearish formation. Preferred trade is to sell into rallies.
Our profit targets will be 21083 and 20829
Resistance: 21800 / 22000 / 22500
Support: 21000 / 20800...
GBPUSD
Intraday - We look to Sell at 1.1898 (stop at 1.1951)
The medium term bias remains bearish. Previous support level of 1.2003 broken. There is scope for mild upward pressure at the open but we look for selling interest to resist gains. Preferred trade is to sell into rallies.
Our profit targets will be 1.1744 and 1.1700
Resistance: 1.1900 / 1.2003...
On the H4, with price moving below the ichimoku indicator, we have a bearish bias that price will drop from sell entry at 0.62124 where the pullback overlap resistance is to the take profit at 0.60606 where the swing low support and 161.8% fibonacci extension are. Alternatively, price could break entry structure and rise to stop loss at 0.63142 where the overlap...
On the H4, with price breaking out of the ascending trendline and moving below the ichimoku indicator, we have a bearish bias that price will drop to sell entry at 32608 where the pullback support and 38.2% fibonacci retracement are. Once there is downside confirmation of price breaking entry structure, we would expect bearish momentum to carry price to take...
Ethereum
Intraday - We look to Sell a break of 1526 (stop at 1571)
1527 has been pivotal. A break of the recent low at 1527 should result in a further move lower. Daily signals are mildly bearish. Our short term bias remains negative.
Our profit targets will be 1424 and 1394
Resistance: 1700 / 1750 / 1800
Support: 1600 / 1550 / 1500
Please be advised...
Intuit
Short Term - We look to Sell at 478.00 (stop at 501.49)
This stock reported earning in line with expectations and reported a share buyback which led to a jump in shares premarket. We look to fade this brief rally.480.00 continues to hold back the bulls. Early optimism is likely to lead to gains although extended attempts higher are expected to fail....
On the H4, with the price going within the descending channel and below ichimoku cloud, we have a bearish bias that the price may drop to the sell entry at 0.68865, which is in line with the previous swing lows. If the price breaks the sell entry, we can expect it to drop to the take profit at 0.67828, where the 78.6% fibonacci retracement is. Alternatively, the...
On the H4, with price breaking the descending channel and above ichimoku cloud, we have a bullish bias that the price may rise to the buy entry at 102.489, where the 100% fibonacci projection and overlap resistance are. If the price breaks this level, we can expect the price to rise to the take profit at 105.996, where the swing highs are. Alternatively, the price...
