Market analysis from Vantage
USDJPY Intraday - We look to Buy at 143.48 (stop at 142.29) The primary trend remains bullish. Although we remain bullish overall, a correction is possible with plenty of room to move lower without impacting the trend higher. Support is located at 143.40 and should stem dips to this area. Dip buying offers good risk/reward. Our profit targets will be...
LYFT Inc Intraday - We look to Buy at 12.19 (stop at 8.59) Daily signals for sentiment are at oversold extremes. Prices expected to stall near trend line support. We expect a reversal in this move. Dip buying offers good risk/reward. A higher correction is expected. Our profit targets will be 22.86 and 29.00 Resistance: 23.00 / 45.00 / 66.00 Support: 12.00...
Litecoin Intraday - We look to Buy at 50.34 (stop at 48.69) With signals for sentiment at oversold extremes, the dip could not be extended. Trading close to the psychological 50.00 level. 50.16 has been pivotal. Bullish divergence is expected to support prices. We look to buy dips. Our profit targets will be 53.97 and 54.87 Resistance: 54.00 / 56.00 /...
On H4, with the price moving below the Ichimoku cloud and descending trendline, we have a bearish bias that the price may drop from the sell entry at 29657.08, which is in line with the swing low. Take profit at 28456.52, where the 100% Fibonacci projection line and 127.2% Fibonacci extension line intersects. Alternatively, the price may rise to the stop loss at...
On H4, with the price moving above the Ichimoku cloud, we have a bullish bias that the price may rise from the buy entry at 1.34728, which is in line with the 23.6% fibonacci retracement to the take profit at 1.37012, where the 200% fiboancci extension is. Alternatively, the price may drop to the stop loss at 1.33847, which is in line with the 38.2% fibonacci...
EURUSD Intraday - We look to Sell at 0.9719 (stop at 0.9791) The primary trend remains bearish. We can see no technical reason for a change of trend. A firmer opening is expected to challenge bearish resolve. A Fibonacci confluence area is located at 0.9740. Preferred trade is to sell into rallies. Our profit targets will be 0.9553 and 0.9525 Resistance:...
On H4, with the price moving below ichimoku cloud and descending channel, we have a bearish bias that the price may drop from the sell entry at 1652.219, which is in line with the 23.6% fibonacci retracement to the take profit at 1608.873, where the 100% fibonacci projection and 61.8% fibonacci projection are. Alternatively, the price may rise to the stop loss at...
On the H4 chart, prices are in an ascending trend hence we are bullish bias. We are looking for a pullback buy entry at 142.570 where the previous swing low sits to take profit at 145.007 where the 161.8% extension sits and the stop loss placed at 141.500 where the 23,6% retracement sits Please be advised that the information presented on TradingView is provided...
On the H4 chart, prices are in an ascending trend hence we are bullish bias. We are looking for a breakout buy entry at 0.9869 levels to take profit at 0.9982 where the 100% projection and 127.2% extension sits. Our stop loss is placed at 0.9756 where the 23.6% retracement sits Please be advised that the information presented on TradingView is provided to Vantage...
New Fortress Energy Inc Short Term - We look to Buy at 45.18 (stop at 39.89) Daily signals for sentiment are at oversold extremes. Bespoke support is located at 45.00. Price action continues to gravitate towards crucial support levels with aggressive selling interest. Support could prove difficult to breakdown. We therefore, prefer to fade into the dip with a...
Bitcoin Intraday - We look to Sell at 20378 (stop at 20701) Daily signals are bearish. We look for a temporary move higher. Preferred trade is to sell into rallies. 20400 has been pivotal. Bespoke resistance is located at 20500. Our profit targets will be 19551 and 19151 Resistance: 19500 / 20000 / 20500 Support: 19000 / 18500 / 18000 Please be advised...
On the H4 chart prices are still in a downward trend, respecting the ichimoku as well as the descending channel- we are bearish biased. We're looking for a breakout entry at 1.1192 where the 161.8% extension and swing low sits to take profit at 1.0636 where the previous swing low sits. Our stop loss is placed at 1.14467 where the 50% retracement and 78.6%...
On the H4 chart prices are still in a downward trend, respecting the ichimoku as well as the descending channel- we are bearish biased. we're looking for a pullback sell entry at 0.9895 where the 23.6% retracement sits to take profit at 0.9699 where the 100% projection sits. Stop loss is placed at 1.0035 where the 78.6% projection and 61.8% retracement...
On h4, with the RSI is showing a descending trendline and price is under ichimoku cloud, we have a bearish bias that the price may drop form the sell entry at 160.696, which is in line with the overlap resistance to the take profit at 157.871, where the 61.8% fibonacci retracement is. Alternatively, the price may rise to the stop loss at 162.320, where the 38.2%...
On the H4 chart, DJI is on a strong bearish trend. Expecting price to break past 29653.29 where the previous swing low lies, looking for a short term buy at 27705.84, where the -27.2% Fibonacci expansion line and the massive 50% weekly Fibonacci line lies. A safer stop loss will be at 26798.05 where the 161.8% Fibonacci extension line lies. Take profit will be at...
On h4, with the price moving below the ichimoku cloud and descending channel, we have a bearish bias that the price may drop from the sell entry at 1676.880, which is in line with the swing highs to the take profit at 1653.458, where the swing lows and 100% fibonacci projection are. Alternatively, the price may rise to the stop loss at 1687.844, where the overlap...
USDCHF Intraday - We look to Sell at 0.9856 (stop at 0.9881) The previous swing high is located at 0.9870. We look for a temporary move higher. Preferred trade is to sell into rallies. Our profit targets will be 0.9795 and 0.9785 Resistance: 0.9800 / 0.9830 / 0.9860 Support: 0.9760 / 0.9730 / 0.9700 Please be advised that the information presented on...
JPMorgan Chase Intraday - We look to Buy at 109.10 (stop at 104.26) Short term momentum is bearish. Bespoke support is located at 109.00. Price action continues to gravitate towards crucial support levels with aggressive selling interest. Support could prove difficult to breakdown. We therefore, prefer to fade into the dip with a tight stop in anticipation...