On the H4, with prices moving above the ichimoku indicator, we have a bullish bias that the price will rise to buy entry at 4179.62 where the pullback resistance is. Once there is upside confirmation of price breaking entry structure, we would expect bullish momentum to carry price to take profit at 4328.40 where the swing high resistance and 127.2% fibonacci...
XRP
Intraday - We look to Sell at 0.3459 (stop at 0.3521)
Daily signals are bearish. Our short term bias remains negative. The trend of higher highs is located at 0.3460. We look for a temporary move higher.
Our profit targets will be 0.3301 and 0.3261
Resistance: 0.3400 / 0.3450 / 0.3500
Support: 0.3300 / 0.3240 / 0.3200
Please be advised that the...
Palo Alto Networks
Short Term - We look to Buy at 533.54 (stop at 509.45)
They reported better than expected earnings and share jumped in premarket. We are trading within a Bullish Ascending Triangle formation. Broken out of the triangle formation to the upside. Previous resistance at 531.00 now becomes support. Dip buying offers good risk/reward.
Our...
EURUSD
Intraday - We look to Sell at 0.9997 (stop at 1.0060)
We are trading at oversold extremes. There is scope for mild buying at the open but gains should be limited. Resistance is located at 1.0000 and should cap gains to this area. Preferred trade is to sell into rallies.
Our profit targets will be 0.9853 and 0.9825
Resistance: 1.0000 / 1.0360 /...
On H4, as the price is going with the long term descending trendline, we have a bearish bias that the price may drop from the sell entry at 0.96581, which is in line with the previous swing high to the the take profit at 0.95490, where the 38.2% fibonacci retracement is. Alternatively, the price may rise to the stop loss at 0.97357, where the previous swing high...
On H4, with the price moving within the descending trendline, below ichimoku cloud, we have a bearish bias that the price may drop from the sell entry at 18.854, which is in line with the overlap support and 78.6% fibonacci retracement to the take profit at 18.232, which is in line with the previous swing lows. Alternatively, the price may rise to the stop loss at...
On the H4, with price 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 32608 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 take...
Bitcoin
Intraday - We look to Sell a break of 20699 (stop at 21151)
Short term momentum is bearish. There is no indication that the selloff is coming to an end. A break of the recent low at 20771 should result in a further move lower. 20704 has been pivotal. Broken out of the channel formation to the downside.
Our profit targets will be 19621 and 19221...
Signify Health
Short Term - We look to Sell at 29.83 (stop at 33.46)
There is market rumour that Amazon, United Health and CVS are interested in buying this company. This led to a surge in the stock in premarket. We are trading at overbought extremes. A lower correction is expected. Bespoke resistance is located at 30.00. Selling spikes offers good...
On the H4, with the price moving within the descending trendline, below ichimoku cloud and MACD indicators are below zero, we have a bearish bias that the price may drop from the sell entry at 0.61885, which is in line with the pervious swing low to the take profit at 0.60996, which is in line with the swing low. Alternatively, the price may rise to the stop loss...
On H4, with the price moving within the descending trendline, below ichimoku cloud and the MACD indicators are below zero, we have a bearish bias that the price may drop from the sell entry at 18.919, which is in line with the overlap support and 78.6% fibonacci retracement to the take profit at 18.232, which is in line with the previous swing lows. Alternatively,...
GBPUSD
Intraday - We look to Sell at 1.1915 (stop at 1.1965)
The medium term bias remains bearish. Previous support level of 1.2003 broken. A sequence of intraday lower lows and highs has been posted. There is no sign that this bearish momentum is faltering but the pair has stalled close to a previous swing low of 1.1760. Preferred trade is to sell into...
On the H4 chart, prices seem to be in a bullish momentum but we're looking for a short entry at 137.707 where the 78.6% retracement, 161.8% extension sits. our take profit will be at 135.407 around the 38.2% retracement and stop loss at 139.443 the previous swing high
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage...
On the H4, with price moving above the ichimoku indicator and along an ascending trendline, we have a bullish bias that price will rise from buy entry at 33498 where the 23.6% fibonacci retracement, 61.8% fibonacci projection and pullback support to take profit at 34315 where the swing high resistance is. Alternatively, price could break entry structure and drop...
Foot Locker
Short Term - We look to Sell a break of 37.95 (stop at 42.06)
This stock has recently been in the news headlines. We are trading at overbought extremes. A lower correction is expected. A break of 38.00 is needed to confirm follow through negative momentum. Further downside is expected.
Our profit targets will be 28.32 and 24.00
Resistance:...
Bitcoin
Intraday - We look to Sell at 22789 (stop at 23351)
Short term momentum is bearish. Broken out of the channel formation to the downside. The trend of higher intraday lows has also been broken. Reverse trend line resistance comes in at 22800. We look for a temporary move higher.
Our profit targets will be 21377 and 20977
Resistance: 22000 / 22500...
On H4, with the price is breaking the descending channel and above ichimoku cloud, we have a bullish bias that the price may rise to the buy entry at 0.96260, which is in line with the swing high and 50% fibonacci retracement. If the price break the buy entry, the price may rise to the take profit at 0.97336, which is in line with the swing high. Alternatively,...
GBPJPY
Intraday - We look to Buy at 161.31 (stop at 160.96)
Trading has been mixed and volatile. Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end. 161.26 has been pivotal. We look to buy dips.
Our profit targets will be 162.29 and 162.49
Resistance: 162.50 / 163.00 /...
