Twitter
Short Term - We look to Buy at 39.16 (stop at 37.32)
They recently gave Elon Musk more information as he requested and deal seems to be still forging ahead. The sequence for trading is higher highs and lows. This is positive for sentiment and the uptrend has potential to return. There is scope for mild selling at the open but losses should be...
On the H4, with price moving below the ichimoku cloud and the current bearish momentum, we have a bearish bias that price will drop from our entry at 116.24 where the horizontal pullback resistance and 50% Fibonacci retracement is to our take profit in line with the horizontal swing low support and 78.6% Fibonacci retracement. Alternatively, price may head for...
On the H4, with price breaking the ichimoku cloud, we have a bullish bias that price will rise to our take profit at 32605 where the 78.6% Fibonacci retracement is from our entry at 30838 in line with the horizontal overlap support and 38.2% Fibonacci retracement. Alternatively, price may break structure and head for our stop loss where the horizontal swing low...
GBPUSD
Intraday - We look to Sell at 1.2350 (stop at 1.2415)
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. This is negative for short term sentiment and we look to set shorts at good risk/reward levels for a further correction lower. The hourly chart technicals suggests further upside before the...
On the H4, with price moving in an ascending trendline and above the ichimoku cloud, we have a bullish bias that price will continue to rise from the 1st support at 1.04861 in line with the pullback support to the 1st overlap resistance at 1.06348 in line with two 61.8% fibonacci projections, or 2nd resistance at 1.07835 at the swing high in line with the 100%...
On the H4, with price moving above the ichimoku indicator, we have a bullish bias that price will rise to our buy entry at 135.671 where the pullback resistance is. Once there is upside confirmation, we would expect bullish momentum to carry price to our take profit at 140.778 where the 100% fibonacci projection and 61.8% fibonacci projection are . Alternatively,...
Bitcoin
Intraday - We look to Buy at 20022 (stop at 19388)
We have a 78.6% Fibonacci pullback level of 17800 from 3850 to 69000. 20080 has been pivotal. 19744 has been pivotal. Trading close to the psychological 20000 level. Bespoke support is located at 20000. We look to buy dips.
Our profit targets will be 21688 and 22088
Resistance: 21700 / 23000 /...
Zendesk
Intraday - We look to Sell at 100.59 (stop at 107.67)
This stock has recently been in the news headlines for a private equity buyout imminent. Price action reacted by popping higher on yesterday's trading. Sentiment remains negative despite the pull-back higher in prices. Current price action faces resistance at the 61.8% Fibonacci retracement level...
On the H4, with price moving below the ichimoku cloud and in a descending trendline, we have a bearish bias that price will drop from the 1st resistance at 0.63603 in line with the 23.6% fibonacci retracement to the 1st support at 0.62026 in line with the horizontal swing low. Alternatively, price may reverse off the 1st resistance and rise to the 2nd resistance...
On the H4, with prices expected to bounce off the ichimoku support, we have a bullish bias that price will rise from our buy entry at 1.21814 where the horizontal overlap support,50% fibonacci retracement and 61.8% fibonacci projection to our take profit at 1.24315 in line with the 61.8% fibonacci projection , 78.6% fibonacci retracement and pullback resistance....
EURNZD
Intraday - We look to Buy at 1.6642 (stop at 1.6609)
Daily signals are mildly bullish. Expect trading to remain mixed and volatile. Trend line support is located at 1.6640. Bespoke support is located at 1.6640.
Our profit targets will be 1.6733 and 1.6753
Resistance: 1.6740 / 1.6770 / 1.6800
Support: 1.6700 / 1.6670 / 1.6640
Please be advised...
With the recent break f the ichimoku cloud and the downwards trend, we have a bearish bias that price will drop from our entry at 135.207 where the 38.2% Fibonacci retracement and horizontal overlap resistance is to our take profit area of 133.599 where the horizontal swing low support and 61.8% Fibonacci retracement is. Alternatively, price may break structure...
On the H4, with price moving below the ichimoku cloud and the current bearish momentum, we have a bearish bias that price will rise from our entry where the horizontal pullback resistance and 78.6% fibonacci retracement is to our take profit area in line with the next horizontal swing low support. Alternatively, price may break support and head for our stop loss...
XRP
Intraday - We look to Sell a break of 0.3188 (stop at 0.3281)
Daily signals are bearish. Trend line support is located at 0.3190. A break of bespoke support at 0.3180, and the move lower is already underway. Expect trading to remain mixed and volatile.
Our profit targets will be 0.2952 and 0.2902
Resistance: 0.3300 / 0.3400 / 0.3480
Support: 0.3180 /...
Tesla
Short Term - We look to Buy at 688.08 (stop at 625.32)
Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. Posted a Double Bottom formation. This is positive for sentiment and the uptrend has potential to return. Preferred trade is to buy on dips. Further upside is expected.
Our profit targets will...
GBPUSD
Intraday - We look to Sell at 1.2310 (stop at 1.2375)
Buying pressure from 1.2161 resulted in prices rejecting the dip. Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. The bias is still for lower levels and we look for any gains to be limited. The hourly chart technicals suggests further upside...
On the H4, with price bouncing off the ichimoku cloud, we have a bullish bias that price will continue to rise from the 1st support at 1.04661 in line with the pullback support and swing low to the 1st resistance at 1.07870 at the swing high in line with the 100% fibonaci projection and 50% fibonacci retracement.
Alternatively, price may drop from the 1st support...
On the H4, with price moving above the ichimoku indicator, we have a bullish bias that price will rise from our buy entry at 135.653 in line with the pullback support and 23.6% fibonacci retracement to our take profit at 138.962 where the 161.8% fibonacci extension and 78.6% fibonacci projection are . Alternatively, price may break entry structure and head for...
