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 form the sell entry at 1.36008, which is in line with the 23.6% fibonacci retracement and overlap to the take profit at 1.33537 where the 61.8% fibonacci retracement is. Alternatively, the price may rise to the stop loss at...
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 94.704, which is in line with the overlap support to the take profit at 104.81, where the 50% fibonacci retracement and previous swing high are. Alternatively, the price may drop to the stop loss at 89.006, which is...
Catalent
Short Term - We look to Buy at 63.84 (stop at 56.95)
The primary trend remains bearish. Bespoke support is located at 63.30. Support could prove difficult to breakdown. We look for a temporary move lower. Preferred trade is to buy on dips.
Our profit targets will be 82.27 and 88.00
Resistance: 82.50 / 100.00 / 120.00
Support: 63.30 / 48.00 /...
Litecoin
Intraday - We look to Buy at 55.31 (stop at 53.98)
Upward pressure has continued and the previous resistance area of 55.50 has been broken. Short term bias has turned positive. We look for a temporary move lower.
Our profit targets will be 58.88 and 59.88
Resistance: 56.80 / 58.00 / 59.00
Support: 56.00 / 55.00 / 54.00
Please be advised that...
EURJPY
Intraday - We look to Buy at 145.55 (stop at 144.70)
Selling pressure from 147.70 resulted in all the initial daily gains being overturned. The current move lower is expected to continue. The reaction lower is negative, however, we view this as an opportunity to set longs in line with the overall bullish move higher. We therefore, prefer to fade into...
On H4, with the price breaking the descending channel and above ichimoku cloud, we have a bullish bias that the price may rise from the buy entry at 0.64551, which is in line with the 23.6% fibonacci retracement to the take profit at 0.66741, where the 50% fibonacci retracement is. Alternatively, the price may drop to the stop loss at 0.63456, which is in line...
On the H4 chart, DJI's overall bias is bearish. At 31981.14, which holds the 50% and 61.8% Fibonacci lines, look for a pullback sell entry. A market gap that seems to be fillable furthers the confluence. The stop loss level will be 33272.34, well above the 78.6% Fibonacci line. The previous swing low and 100% fibonacci line, which is at 29640.37, will serve as the...
On H4, with the price moving below ichimoku clolud, and breaking the ascending trendline, we have a bearish bias that the price may drop form the sell entry at 0.99226, which is in line with the 23.6% fibonacci retracement to the take profit at 0.97395, where the 61.8% fibonacci retracement is. Alternatively, the price may rise to the stop loss at 1.00696, which...
On H4, with the price moving below ichimoku cloud , we have a bearish bias that the price may drop form the sell entry at 1.36008, which is in line with the 23.6% fibonacci retracement and overlap resistance to the take profit at 1.33537, where the 61.8% fibonacci retracement is. Alternatively, the price may rise to the stop loss at 1.37480, which is in line with...
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 91.277 which is in line with the overlap support to the take profit at 104.81, where the 50% fibonacci retracement and previous swing high are. Alternatively, the price may drop to the stop loss at 89.006, which is...
Kraft Heinz Company
Short Term - We look to Sell at 38.68 (stop at 40.36)
Prices have continued the bullish move higher and resulted in 2 consecutive positive days. This has resulted in signals for sentiment being at overbought extremes and we look for a move to the downside. Bespoke resistance is located at 39.00. Price action continues to gravitate...
XRP
Intraday - We look to Buy a break of 0.4682 (stop at 0.4559)
A break of yesterdays high would confirm bullish momentum. Daily signals are mildly bullish. Prices have reacted from 0.4160. A break of yesterdays high would confirm bullish momentum.
Our profit targets will be 0.4985 and 0.5085
Resistance: 0.4680 / 0.4850 / 0.5000
Support: 0.4500 / 0.4350 /...
AUDJPY
Intraday - We look to Buy at 94.00 (stop at 93.45)
Previous support located at 94.50. Previous resistance located at 95.00. We are trading within a Bullish Ascending Triangle formation. A move through 95.00 will confirm the bullish momentum. Risk/Reward would be poor to call a buy from current levels.
Our profit targets will be 96.00 and 96.50...
On H4, with the price breaking the descending channel and above ichimoku cloud, we have a bullish bias that the price may rise from the buy entry at 0.64047, which is in line with the 23.6% fibonacci retracement to the take profit at 0.65301, where the 38.2% fibonacci retracement and previous swing high are. Alternatively, the price may drop to the stop loss at...
On H4, with the price moving below ichimoku clolud, and breaking the ascending trendline, we have a bearish bias that the price may drop form the sell entry at 0.99421, which is in line with the 23.6% fibonacci retracement to the take profit at 0.97395, where the 61.8% fibonacci retracement is. Alternatively, the price may rise to the stop loss at 1.00696, which...
On H4, with the price moving below ichimoku cloud , we have a bearish bias that the price may drop form the sell entry at 1.36511, which is in line with the 23.6% fibonacci retracement and overlap to the take profit at 1.34681, where the 50% fibonacci retracement is. Alternatively, the price may rise to the stop loss at 1.37498, which is in line with the50%...
The overall bias for DJI on the H4 chart is bearish. In addition, the price is below the Ichimoku cloud, indicating a bearish market. Looking for a pullback sell entry at 31981.14, which contains the 50% and 61.8% Fibonacci lines. To add to the confluence, there is a market gap that appears to be fillable. Stop loss will be set at 33272.34, which is slightly above...
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...
