Market analysis from Vantage
On H4, with the price moving below the ichimoku cloud and testing the ascending trendline, we have a bearish bias that the price may drop form the sell entry at 0.99160, which is in line with the overlap support to the take profit at 0.97421, where the swing lows are. Alternatively, the price may rise to the stop loss at 1.00324, which is in line with the 50%...
On H4, with the price breaking the descending trendline and above ichomoku cloud, we have a bullish bias that the price may rise from the buy entry at 98.418, which is in line with the 23.6% fibonacci retracement to the take profit at 105.207, where the 50% fibonacci retracement and previous swing high are. Alternatively, the price may drop to the stop loss at...
Broadcom Intraday - We look to Buy at 457.26 (stop at 435.69) A bullish reverse Head and Shoulders is forming. This is positive for sentiment and the uptrend has potential to return. The measured move target is 512.00. Dip buying offers good risk/reward. Our profit targets will be 510.99 and 530.00 Resistance: 512.00 / 574.00 / 670.00 Support: 450.00 /...
Bitcoin Intraday - We look to Buy at 20404 (stop at 19949) Daily signals are bullish. We look to buy dips. 20 1day EMA is at 20360. Our profit targets will be 21549 and 21949 Resistance: 21000 / 21400 / 22000 Support: 20600 / 20300 / 20000 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’,...
AUDJPY Intraday - We look to Buy at 93.75 (stop at 93.20) Previous support located at 94,00. Previous resistance located at 95.00. Indecisive price action has resulted in sideways congestion on the intraday chart. Risk/Reward would be poor to call a buy from current levels. A move through 95.00 will confirm the bullish momentum. Our profit targets will be...
On H4, with the price moving across the MA of BB and stoch is rising to the resistance, we have a bullish bias that the price may break the buy entry at 167.330, which is in line with the 38.2% fibonacci retracement to the take profit at 172.243, where the swing high is. Alternatively, the price may drop to the stop loss at 164.733, which is in line with the...
On H4, with the price moving below the ichimoku cloud and testing the ascending trendline, we have a bearish bias that the price may drop form the sell entry at 0.99160, which is in line with the overlap support to the take profit at 0.97421, where the swing lows are. Alternatively, the price may rise to the stop loss at 1.00324, which is in line with the 50%...
On H4, with the price moving below ichimoku cloud and showing a shoulder head pattern, we have a bearish bias that the price may drop from the sell entry at 1.35002, which is in line with 38.2% fibonacci retracement and neckline of shoulder head pattern to the taker profit at 1.32120, where the 61.8% fibonacci retracement and previous swing highs are....
On H4, with the price breaking the descending trendline and above ichomoku cloud, we have a bullish bias that the price may rise from the buy entry at 98.418, which is in line with the 23.6% fibonacci retracement to the take profit at 105.207, where the 50% fibonacci retracement and previous swing high are. Alternatively, the price may drop to the stop loss at...
On the H4 chart, the overall bias for DJI is bullish. To add confluence to this, price is above the Ichimoku cloud which indicates a bullish market. With the NFP news data released being worse than expected, we are looking for a pullback buy on DJI at 30886.18, where the 38.2% and 61.8% Fibonacci lines are located. We have a relatively safe stop loss set at...
AUDUSD - Intraday - We look to Sell at 0.6400 (stop at 0.6450) We are trading at oversold extremes. A Doji-style candle has been posted from the base. The current move higher is expected to continue. The bias is still for lower levels and we look for any gains to be limited. The 200-period moving average should provide resistance at 0.6410. We, therefore, prefer...
VMware - Short Term - We look to Sell at 111.95 (stop at 115.15) The medium-term bias remains bearish. Trading within the Wedge formation. Prices are extending lower from the bearish flag/pennant formation. We have a Gap open at 111.95 from 02/11/2022 to 03/11/2022. The preferred trade is to sell into rallies. Our profit targets will be 96.19 and 91.55...
Bitcoin Intraday - We look to Buy a break of 21016 (stop at 20498) There is no clear indication that the upward move is coming to an end. Our short term bias remains positive. A break of bespoke resistance at 21000, and the move higher is already underway. 21013 has been pivotal. Our profit targets will be 22197 and 22597 Resistance: 21000 / 21500 /...
On the H4 chart, the price reached our sell entry at 33077.47, where the 78.6% and 23.6% Fibonacci lines are located. We've set a fairly safe stop loss at 34534.39, just above the previous swing high and the 100% Fibonacci line. The take profit will be set at 30886.18, the intersection of the 38.2% and 61.8% Fibonacci lines. Please be advised that the information...
On H4, with the price breaking the descending trendline and above ichomoku cloud, we have a bullish bias that the price may rise from the buy entry at 96.458, which is in line with the 23.6% fibonacci retracement to the take profit at 104.818, where the 50% fibonacci retracement and previous swing high are. Alternatively, the price may drop to the stop loss at...
On H4, with the price breaking the ichimoku cloud , we have a bullish bias that the price may rise from the buy entry at 1.36840, which is in line with the overlap support to the take profit at 1.39717, where the previous swing high is. Alternatively, the price may drop to the stop loss at 1.35072, where the swing lows are. Please be advised that the information...
On H4, with the price moving above the ascending trendlien and ichimoku cloud, we have a bullish bias that the price may rise from the buy entry at 1.00757, which is in line with the previous swing high to the take profit at 1.03277, where the 200% fibonacci projection are. Alternatively, the price may drop to the stop loss at 0.99010, where the 38.2% fibonacci...
On the H4 chart, as the price is breaking the ascending trendline and below ichimoku cloud , we have a bearish bias that the price may drop form the sell entry at 0.63496, which is in line with the 23.6% fibonacci resistance and overlap support to the take profit at 0.61699, where the swing low is. Alternatively, the price may rise to the 1st resistance at...