Litecoin
Intraday - We look to Sell at 51.40 (stop at 54.40)
Our short term bias remains negative. The trend of lower highs is located at 51.40. There is scope for mild buying at the open but gains should be limited. Preferred trade is to sell into rallies.
Our profit targets will be 40.35 and 35.00
Resistance: 51.40 / 53.98 / 56.14
Support: 46.41 /...
AUDJPY
Intraday - We look to Buy at 93.00 (stop at 92.00)
Previous support located at 93.00. Previous resistance located at 94.00. Further upside is expected although we prefer to set longs at our bespoke support levels at 93.00, resulting in improved risk/reward. A move through 94.00 will confirm the bullish momentum.
Our profit targets will be 95.00 and...
On the H4, with price moving below the ichimoku cloud and in a descending trendline, we have a bearish bias that price will continue to drop from the 1st resistance at 0.67168 in line with the 100% fibonacci projection and 127.2% fibonacci extension to the 1st support at 0.65683 in line with the 161.8% fibonacci extension. Alternatively, price may rise to the 2nd...
On the H4, with price moving along an ascending trendline and above the ichimoku indicator, we have a bullish bias that price will rise to our buy entry at 139.429 where the swing high resistance is. Once there is upside confirmation of price breaking buy entry, we would expect bullish momentum to carry price to take profit at 141.444 in line with 78.6% fibonacci...
Ethereum
Intraday - We look to Buy at 1016 (stop at 984)
Levels below 1000 continue to attract buyers. We look to buy dips. 1013 has been pivotal. 996 has been pivotal. Bespoke support is located at 1000.
Our profit targets will be 1098 and 1128
Resistance: 1100 / 1180 / 1300
Support: 1050 / 1000 / 950
Please be advised that the information presented...
Advanced Micro Devices
Short Term - We look to Buy at 76.98 (stop at 72.75)
The primary trend remains bearish. We are assessed to be in a corrective mode higher. The daily chart technicals suggests further upside before the downtrend returns. Trend line support is located at 76.00. Dip buying offers good risk/reward.
Our profit targets will be 90.00 and...
USDCHF
Intraday - We look to Buy at 0.9752 (stop at 0.9729)
A lower correction is expected. We look to buy dips. 50 4hour EMA is at 0.9740.
Our profit targets will be 0.9809 and 0.9819
Resistance: 0.9830 / 0.9860 / 0.9880
Support: 0.9800 / 0.9770 / 0.9750
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage...
On the H4, with price moving below the ichimoku cloud and in a descending trendline, we have a bearish bias that price will continue to drop from the 1st pullback resistance at 0.61268 in line with the 127.2% fibonacci extension and 61.8% fibonacci projection to the 1st support at 0.60107 in line with the 161.8% fibonacci extension and 100% fibonacci projection....
On the H4, with price moving along an ascending trendline and above the ichimoku indicator, we have a bullish bias that price will drop and rise from our buy entry at 137.728 where the pullback support is to the take profit at 139.424 in line with 100% fibonacci projection and -61.8% fibonacci expansion. Alternatively, price could break buy entry structure and...
XRP
Intraday - We look to Buy a break of 0.3221 (stop at 0.3138)
A break of the recent high at 0.3220 should result in a further move higher. Expect trading to remain mixed and volatile. 20 4hour EMA is at 0.3190.
Our profit targets will be 0.3438 and 0.3498
Resistance: 0.3100 / 0.3200 / 0.3300
Support: 0.3000 / 0.2900 / 0.2850
Please be advised that...
American Airlines
Short Term - We look to Buy at 13.78 (stop at 12.30)
Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. The trend of higher highs is located at 13.40. There is scope for mild selling at the open but losses should be limited. Further upside is expected although we prefer to buy into dips...
EURCHF
Intraday - We look to Sell at 0.9909 (stop at 0.9931)
The weaker Euro has affected performance. There is no clear indication that the downward move is coming to an end. Our short term bias remains negative. Preferred trade is to sell into rallies. Bespoke resistance is located at 0.9910.
Our profit targets will be 0.9854 and 0.9844
Resistance:...
On the H4, with prices moving below the ichimoku indicator and within the descending channel, we have a bearish bias that price will drop to our sell entry at 1.18758 where the pullback support and 38.2% fibonacci retracement are. Once there is downside confirmation of price breaking entry structure, we would expect bearish momentum to carry price to our take...
On the H4, with price moving below the ichimoku cloud and in a descending trendline, we have a bearish bias that price will continue to drop from the 1st resistance at 0.67654 in line with the 78.6% fibonacci projection to the 1st support at 0.66452 in line with the 161.8% fibonacci extension and 78.6% fibonacci projection. Alternatively, price may reverse off the...
Bitcoin
Intraday - We look to Sell a break of 19497 (stop at 19908)
Trend line support is located at 19600. Short term momentum is bearish. A break of the recent low at 19500 should result in a further move lower. There is no clear indication that the downward move is coming to an end.
Our profit targets will be 18507 and 18107
Resistance: 20000 / 21000...
Peloton
Short Term - We look to Buy at 8.66 (stop at 7.14)
We are trading at oversold extremes. Due to an Ending Wedge formation, we continue to treat extended losses with caution. Dip buying offers good risk/reward. Although the anticipated move higher is corrective, it does offer ample risk/reward today.
Our profit targets will be 12.95 and 15.00...
GBPJPY
Intrada y - We look to Buy at 161.30 (stop at 160.00)
Selling pressure from 163.56 resulted in all the initial daily gains being overturned. The current move lower is expected to continue. The bias is still for higher levels and we look for any dips to be limited. We therefore, prefer to fade into the dip with a tight stop in anticipation of a move...
On the H4, with price moving along an ascending trendline and above the ichimoku indicator, we have a bullish bias that price will rise from our buy entry at 136.764 where the overlap support, 23.6% fibonacci retracement and 61.8% fibonacci projection are to our take profit at 140.094 in line with the -61.8% fibonacci expansion. Alternatively, price could break...
