Market analysis from Vantage
On the H4, with prices below ichimoku cloud , we have a bearish bias that the price may drop to the sell entry at 1693.290, where the swing low is. If the price can break this sell entry, the take profit could be at 1680.451, where the significant swing low and 61.8% fibonacci projection are. Alternatively, the price may pull back from the sell entry and rise to...
On the H4, with price moving along the descending trendline and below the ichimoku indicator, we have a bearish bias that price will drop from sell entry at 31209 where the pullback support is to the take profit at 30446 where the pullback support and 78.6% fibonacci retracement are. Alternatively, price could break entry structure and rise to stop loss at 31922...
Chevron Corporation Short Term - We look to Sell at 162.55 (stop at 167.91) Our outlook is bearish. The trend of lower highs is located at 166.80. A firmer opening is expected to challenge bearish resolve. Preferred trade is to sell into rallies. Further downside is expected. Our profit targets will be 148.94 and 144.00 Resistance: 165.00 / 182.00 /...
Ethereum Intraday - We look to Buy at 1581 (stop at 1541) Short term bias has turned positive. We look for a temporary move lower. We look to buy dips. 50 4hour EMA is at 1580. Our profit targets will be 1678 and 1708 Resistance: 1700 / 1750 / 1800 Support: 1650 / 1600 / 1550 Please be advised that the information presented on TradingView is provided...
EURUSD Intraday - We look to Sell at 0.9992 (stop at 1.0042) The medium term bias remains bearish. We are assessed to be in a corrective mode higher. Reverse trend line resistance comes in at 0.9995. We therefore, prefer to fade into the rally with a tight stop in anticipation of a move back lower. Our profit targets will be 0.9881 and 0.9850...
On H4, with the price moving within the ascending trendline and above ichimoku cloud, we have a bullish bias that the price may rise from the buy entry at 0.97852, which is in line with the 23.6% fibonacci retracement to the take profit at 0.98545, where the swing highs are. Alternatively, the price may drop to the stop loss at 0.96739, where the overlap support...
On h4, with the price breaking the descending trendline and there is a golden cross, we have a bullish bias that the price may rise from the buy entry at 3.4507, where the 23.6% fibonacci retracement is to the take profit at 3.5515, where the50% fibonacci retracement and previous swing lows are. Alternatively, the price may drop to the stop loss at 3.3749, where...
On the H4, with prices breaking out of the ascending trendline and moving below the ichimoku indicator, we have a bearish bias that the price will drop from sell entry at 3943.66 where the pullback resistance is to the take profit at 3724.28 where the swing low support is. Alternatively, price could break entry structure and rise to stop loss at 4091.56 where the...
Morgan Stanley Short Term - We look to Sell at 87.23 (stop at 89.69) The medium term bias remains bearish. There is scope for mild buying at the open but gains should be limited. Prices expected to stall near trend line resistance. Further downside is expected. Preferred trade is to sell into rallies. Our profit targets will be 80.98 and 79.00...
On H4, with the price moving below the ichimoku cloud and trendline, we have a bearish bias that the price may drop from the sell entry at 0.67648, where the swing lows are to the take profit at 0.67086, which is in line with the significant swing low. Alternatively, the price may rise to the stop loss at 0.68287, where the 23.6% fibonacci retracement is. Please...
On H4, with the price moving below the ichimoku cloud, we have a bearish bias that the price may drop form the sell entry at 3.3747, where the swing low and 61.8% fibonacci retracement are to the take profit at 3.2362, where the swing lows are. Alternatively, the price may rise to the stop loss at 3.4543, which is in line with the 23.6% fibonacci retracement and...
Bitcoin Intraday - We look to Sell a break of 19488 (stop at 19851) Daily signals are mildly bearish. Trades with a bearish descending triangle formation. The bias is to break to the downside. 19500 has been pivotal. Our profit targets will be 18601 and 18101 Resistance: 20000 / 20500 / 21000 Support: 19500 / 19000 / 18500 Please be advised that the...
USDCAD Intraday - We look to Buy at 1.3100 (stop at 1.3040) Previous resistance located at 1.3180. Further upside is expected although we prefer to set longs at our bespoke support levels at 1.3100, resulting in improved risk/reward. A move through 1.3180 will confirm the bullish momentum. Our profit targets will be 1.3220 and 1.3225 Resistance: 1.3180...
On the H4 charts, prices are moving in a ascending trend hence we are bullish bias. We have a buy entry one price break out of the 0.9867 levels to take profit at 1.0029 where the 127.2% extension sits. Our stop loss is placed at 0.9739 levels where the 23.6% retracement sits Please be advised that the information presented on TradingView is provided to Vantage...
On the H4, with price breaking the ascending trendline and moving below the ichimoku indicator, we have a bearish bias that price will drop to sell entry at 31209 where the swing low support and 78.6% fibonacci projection are. Once there is downside confirmation that price has broken entry structure, we would expect bearish momentum to carry price to take profit...
Bitcoin Intraday - We look to Buy at 19601 (stop at 19248) Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end. 19500 has been pivotal. 19500 continues to hold back the bears. We look to buy dips. Our profit targets will be 20444 and 20844 Resistance: 20500 / 21000 / 21500 Support:...
Lulumelon Athletica Short Term - We look to Sell at 329.26 (stop at 346.16) They reported better than expected earnings and the stock jumped up premarket. The medium term bias remains bearish. We are assessed to be in a corrective mode higher. Bespoke resistance is located at 332.00. We therefore, prefer to fade into the rally with a tight stop in...
EURJPY Intraday - We look to Buy at 139.00 (stop at 138.40) Buying pressure from 138.92 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. Preferred trade is to buy on dips. Our profit targets will be 140.75 and 141.70 Resistance: 141.70...