On the H4, with the price below the descending channel and ichimoku cloud, we have a bearish bias that the price may drop from the sell entry at 0.63317, which is in line with the overlap resistance to the take profit at 0.62026, where the previous swing low and 61.8% fibonacci projection are. Alternatively, the price may rise to the stop loss at 0.64123, which is...
On H4, with the price moving below ichimoku cloud, we have a bearish bias that the price may drop form the sell entry at 1.37769, which is in line with the 50% fibonacci retracement and previous swing high to the take profit at 1.35642, where the 38.2% fibonacci retracement is. Alternatively, the price may rise to the stop loss at 1.39007, which is in line with...
Arcus Biosciences
Short Term - We look to Buy at 27.75 (stop at 25.94)
Daily signals are bullish. A weaker opening is expected to challenge bullish resolve. Prices expected to stall near trend line support. Dip buying offers good risk/reward. Further upside is expected although we prefer to buy into dips close to the 27.00 level.
Our profit targets will be...
Bitcoin
Intraday - We look to Buy at 18941 (stop at 18598)
Bespoke support is located at 19000. We look to buy dips. Daily momentum has stalled and our bias is now neutral.
Our profit targets will be 19786 and 20186
Resistance: 19500 / 19800 / 20000
Support: 19200 / 19000 / 18600
Please be advised that the information presented on TradingView is...
USDCAD
Intraday - We look to Buy at 1.3600 (stop at 1.3540)
Previous support located at 1.3650. Previous resistance located at 1.3700. We expect a reversal in this move. Risk/Reward would be poor to call a buy from current levels. A move through 1.3700 will confirm the bullish momentum.
Our profit targets will be 1.3720 and 1.3750
Resistance: 1.3700 /...
Microsoft
Short Term - We look to Sell at 238.54 (stop at 249.55)
Trading within a Bearish Channel formation. Selling spikes offers good risk/reward. Further downside is expected. Our expectation now is for this swing lower to continue towards the bottom of the trend channel, to complete a correction before buyers return.
Our profit targets will be 211.20...
Bitcoin
Intraday - We look to Buy at 18371 (stop at 17987)
With signals for sentiment at oversold extremes, the dip could not be extended. We look for a temporary move lower. 18267 has been pivotal. 18158 has been pivotal. The previous swing low is located at 18138. We look to buy dips.
Our profit targets will be 19297 and 19597
Resistance: 19500 / 20000...
EURJPY
Intraday - We look to Buy at 145.65 (stop at 144.80)
There is no sign that this bullish momentum is faltering but the pair has stalled close to a previous swing high of 147.25. 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...
On H4, with the price crossing the ichimoku cloud , we have a bullish bias that the price may rise from the buy entry at 1.37207, which is in line with the overlap support to the take profit at 1.39775, where the swing high is. Alternatively, the price may drop to the stop loss at 1.35642, where the pullback support is.
Please be advised that the information...
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 93.533, which is in line with the 38.2% fibonacci retracement to the take profit at 83.911, where the swing low is. Alternatively, the price may rise to the stop loss at 96.352, which is in line with the...
On H4, with the price moving above ichimoku cloud , we have a bullish bias that the price may rise from the breakout buy entry at 1.0072, which is in line with the swing high to the take profit at 1.0203, where the 100% projection sits. Alternatively, the price may drop to the stop loss at 0.9936 level, which is in line with the 23.6% fibonacci retracement and...
The overall bias for DJI on the H4 chart is bearish. However, given that the most recent CPI data was stronger than projected, we might anticipate a medium-term bullish market. Look for a buy entry at 29997.62, which corresponds to the market gap and the 23.6% Fibonacci line. To avoid missing out on trades, entry will be at the peak of the market gap. The take...
Alcoa Corporation
Intraday - We look to Sell at 37.00 (stop at 41.12)
This stock has recently been in the news headlines. A sequence of daily lower lows and highs has been posted. We can see no technical reason for a change of trend. Further downside is expected although we prefer to sell into rallies close to the 37.00 level.
Our profit targets will be...
On H4, with the price moving above ichimoku cloud , we have a bullish bias that the price may rise from the buy entry at 1.0072, which is in line with the swing high to the take profit at 1.0203, where the 100% projection sits. Alternatively, the price may drop to the stop loss at 0.9936 level, which is in line with the 23.6% fibonacci retracement and overlap...
Litecoin
Intraday - We look to Buy at 50.42 (stop at 49.29)
50.16 has been pivotal. 50.28 has been pivotal. The previous swing low is located at 50.32. We look to buy dips.
Our profit targets will be 53.19 and 53.99
Resistance: 52.00 / 53.00 / 54.50
Support: 51.00 / 50.00 / 48
Please be advised that the information presented on TradingView is provided to...
EURUSD
Intraday - We look to Sell at 0.9810 (stop at 0.9844)
Following yesterday's bearish candle, the overall trend lower looks set to continue today. The medium term bias remains bearish. A firmer opening is expected to challenge bearish resolve. Preferred trade is to sell into rallies.
Our profit targets will be 0.9736 and 0.9700
Resistance: 0.9810 /...
On the H4 chart, the overall bias for DJI is bearish. However, with the recent CPI data released being better than expected, we can expect a medium-term bullish market. Looking for a buy entry at 29997.62 where the market gap is. Entry will be at the top of the market gap to prevent missing out on trades. Take profit will be at 34281.36 where the 61.8% and 50%...
On H4, with the price crossing the ichimoku cloud, we have a bullish bias that the price may rise from the buy entry at 1.37207, which is in line with the overlap support to the take profit at 1.39775, where the swing high is. Alternatively, the price may drop to the stop loss at 1.36577, where the overlap support is.
Please be advised that the information...
