Market analysis from 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...
On H4, with the price moving above the ichimoku cloud and ascending trendline, we have a bullish bias that theorise may rise from the buy entry at 0.98078, which is in line with the current price is to the take profit at 0.98860, where the swing high is. Alternatively, the price may drop to the stop loss at 0.97440, where the 23.6% fibonacci retracement...
On H4, with the price moving below the descending trend line and ichimoku cloud, we have a bearish bias that the price may drop from the sell entry at 17.6645, which is in line with the swing low to the take profit at 17.24720 , where the 100% fibonacci projection. Alternatively, the price may rise to the stop loss at 18.26595 where the swing lows and 38.2%...
On the H4, with price breaking the ascending trendline and moving below the ichimoku indicator, ,we have a bearish bias that price will drop from sell entry at 31915 where the pullback resistance and 23.6% fibonacci retracement are to take profit at 30446 where the pullback support and 78.6% fibonacci retracement are. Alternatively, price could break entry...
Litecoin Intraday - We look to Sell at 57.86 (stop at 60.24) The medium term bias remains bearish. We are assessed to be in a corrective mode higher. Bespoke resistance is located at 58.00. Resistance could prove difficult to breakdown. We therefore, prefer to fade into the rally with a tight stop in anticipation of a move back lower. Our profit targets...
OKTA Short Term - We look to Buy at 73.79 (stop at 59.02) The medium term bias remains bearish. Trading close to the psychological 72.00 level. Support could prove difficult to breakdown. A higher correction is expected. We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher. Our profit targets will be 109.67 and...
AUDUSD Intraday - We look to Sell at 0.6875 (stop at 0.6915) We are trading at oversold extremes. A higher correction is expected. With the Ichimoku cloud resistance above we expect gains to be limited. Preferred trade is to sell into rallies. Our profit targets will be 0.6760 and 0.6540 Resistance: 0.6910 / 0.7055 / 0.7170 Support: 0.6680 / 0.6540 /...
On the H4 charts, we're looking at a strong bearish trend. Looking for a pull back sell entry at 1.1647 levels with our take profit at 1.1447 where the 161.8% extension and previous swing low sits. Stop loss will be placed at 1.1754 levels where the 23.6% retracement sits Please be advised that the information presented on TradingView is provided to Vantage...
On H4, with the price below the ichimoku cloud and MACD indicators are below zero, we have a bearish bias that the price may drop from the sell entry at 161.228, where the swing lows are to the take profit at 160.366, where the swing low and 78.6% fibonacci projection are. Alternatively, the price may rise to the stop loss at 162.666, where the swing high and...
On the H4 chart, we're looking for a pull back buy entry at 138.228 where the 61.8% projection sits with the take profit placed at 140.687 where the 78.6% projection sits. our stop loss is placed at the previous swing low 136.249 which coincides with the 38.2% retracement Please be advised that the information presented on TradingView is provided to Vantage...
On the H4, with price breaking the ascending trendline, below ichimoku cloud and MA, we have a bearish bias that the price may drop to the sell entry at 95.801, where the swing lows and 78.6% fibonacci retracement are. If the price can break the sell entry, we can expect the price drop to the take profit at 93.471, where the swing low is. Alternatively, the price...
On the H4, with prices breaking out of the ascending trendline and moving below the ichimoku indicator, we have a bearish bias that price will drop to sell entry at 3945.96 where the pullback support and 61.8% fibonacci retracement are. Once there is downside confirmation that price has broken entry structure, we would expect bearish momentum to carry price to...
XRP Intraday - We look to Buy at 0.3072 (stop at 0.2969) Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end. We are trading at oversold extremes. We look for a temporary move lower. 0.3028 has been pivotal. 0.2988 has been pivotal. Our profit targets will be 0.3368 and 0.3428...
HP Inc Intraday - We look to Buy at 28.99 (stop at 26.49) Short term momentum is bearish. Price action continues to gravitate towards crucial support levels with aggressive selling interest. Support could prove difficult to breakdown. Dip buying offers good risk/reward. Although the anticipated move higher is corrective, it does offer ample risk/reward...
GBPUSD Intraday - We look to Sell at 1.1820 (stop at 1.1900) Buying pressure from 1.1621 resulted in prices rejecting the dip. Bullish divergence can be seen on the 4 hour chart (the chart makes a lower low while the oscillator makes a higher low), often a signal of exhausted bearish momentum, or at least a correction higher. A higher correction is expected....