Mastercard
Intraday - We look to Sell a break of 338.10 (stop at 362.71)
The primary trend remains bearish. Trading within the Wedge formation. A move higher faces tough resistance and we remain cautious on upside potential. Further downside is expected. A clear break of 338.10 and we would look for further gains to 276.50.
Our profit targets will be...
Bitcoin
Intraday - We look to Sell a break of 15549 (stop at 15931)
A break of the recent low at 15577 should result in a further move lower. Daily signals are bearish. There is no clear indication that the downward move is coming to an end. Our short term bias remains negative.
Our profit targets will be 14606 and 14206
Resistance: 17000 / 17500 /...
AUDJPY
Intraday - We look to Buy at 92.00 (stop at 91.45)
Previous support located at 92.50. Previous resistance located at 93.50. A lower correction is expected. Risk/Reward would be poor to call a buy from current levels. A move through 93.50 will confirm the bullish momentum.
Our profit targets will be 94.00 and 94.50
Resistance: 93.50 / 94.00 /...
On the H4 chart, the overall bias for USDCHF is bearish. To add confluence to this, price is below the Ichimoku cloud which indicates a bearish market. Looking for a pullback sell entry at 0.96221, where the 78.6% Fibonacci line is located. Stop loss will be at 0.97398, where the 61.8% Fibonacci line is located. Take profit will be at 0.93706, where the previous...
On the H4 chart, the overall bias for ZC1! is bearish. To add confluence to this, price is below the Ichimoku cloud which indicates a bearish market. Looking for a sell entry at 662.75, where the 23.6% Fibonacci line is located. Stop loss will be at 685.25, slightly above where the 61.8% Fibonacci line is located. Take profit will be at 632.00, where the 50%...
On the H4 chart, the overall bias for AUDUSD is bullish. To add confluence to this, price has broken out of the descending trend line and is above the Ichimoku cloud which indicates a bullish market. Looking for a pullback buy entry at 0.65473, where the 38.2% Fibonacci line is located. Take profit will be at 0.68842, where the 78.6% Fibonacci line is located....
On the H4 chart, the overall bias for EURUSD is bullish . To add confluence to this, price is above the Ichimoku cloud which indicates a bullish market. Looking for a pullback buy entry at 1.01883, where the 23.6% Fibonacci line is located. Take profit will be at 1.06014, where the previous swing high and -27.2% Fibonacci expansion line are located. Stop loss will...
On the H4 chart, the overall bias for DAX is bullish. To add confluence to this, price is above the Ichimoku cloud which indicates a bullish market. Looking for a pullback buy entry at 13871.48, where the 61.8% Fibonacci line is located. Take profit will be at 14709.38, where the previous swing high and -27% Fibonacci expansion line are located. Stop loss will be...
Berkshire Hathaway B
Intraday - We look to Sell at 311.03 (stop at 321.83)
Sentiment remains negative despite the pull-back higher in prices. Resistance is located at 311.00 and should cap gains to this area. Resistance could prove difficult to breakdown. Preferred trade is to sell into rallies.
Our profit targets will be 283.95 and 270.00
Resistance:...
On h4, with the price breaking the ascending, we have a bearish bias that the price may drop form the sell entry at 165.212, which is in line with the overlap support to the take profit at 159.524, where the previous swing low is. Alternatively, the price may rise to the stop loss at 169.000, where the previous swing high and 61.8% fibonacci retracement...
The overall bias for DJI on the H4 chart is bullish. Furthermore, the price is above the Ichimoku cloud, indicating a bullish market. With the price tapping into our buy entry at 32257.13, which contains the Fibonacci lines of 23.6% and 61.8%. We've set a relatively safe stop loss at 31007.33, the intersection of the 38.2% and 50% Fibonacci lines. The take profit...
Litecoin
Intraday - We look to Buy at 57.51 (stop at 55.29)
Bespoke support is located at 57.50. We look to buy dips. Short term bias has turned positive. The bullish engulfing candle on the daily chart is positive for sentiment.
Our profit targets will be 63.26 and 64.26
Resistance: 63.50 / 65.00 / 67.50
Support: 60.00 / 58.50 / 57.50
Please be...
GBPJPY
Intraday - We look to Buy at 164.85 (stop at 163.65)
Buying pressure from 164.36 resulted in prices rejecting the dip. The current move higher is expected to continue. The hourly chart technicals suggests further downside before the uptrend returns. We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher.
Our...
On H4, with the price moving below the ichimoku cloud and ascending trendline, we have a bearish bias that the price may drop form the sell entry at 0.97456, which is in line with the 23.6% fibonacci retracement to the take profit at 0.94805, where the swing low is. Alternatively, the price may rise to the stop loss at 0.98849, 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 1.33913 to the taker profit at 1.29511, where the 78.6% fibonacci retracement and previous swing highs are. Alternatively, the price may rise to the stop loss at 1.35687, where the 50% fibonacci retracement...
On H4, with the price moving within the ascending trendline and breaking the ichimoku cloud , we have a bullish bias that the price may rise from the buy entry at 95.361, which is in line with the 23.6% fibonacci retracement to the take profit at 99.718, where the previous swing highs are. Alternatively, the price may drop to stop loss at 90.345, where the swing...
Visa
Intraday - We look to Sell at 199.64 (stop at 210.66)
The medium term bias remains bearish. A sequence of weekly lower lows and highs has been posted. This is negative for sentiment and the downtrend has potential to return. Resistance is located at 200.00 and should cap gains to this area. Preferred trade is to sell into rallies.
Our profit targets...
Bitcoin
Intraday - We look to Sell at 18699 (stop at 19261)
We are trading at oversold extremes. We look for a temporary move higher. Previous support at 18700 now becomes resistance. Daily signals are bearish.
Our profit targets will be 17311 and 17011
Resistance: 17000 / 17500 / 18000
Support: 16000 / 15500 / 15000
Please be advised that the...
