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...
Bitcoin
Intraday - We look to Sell a break of 19788 (stop at 20501)
With signals for sentiment at oversold extremes, the dip could not be extended. We have a 78.6% Fibonacci pullback level of 17800 from 3850 to 69000. Trading close to the psychological 20000 level. 20080 has been pivotal. A break of the recent low at 19900 should result in a further move...
Alibaba
Short Term - We look to Buy at 101.70 (stop at 87.10)
Broken out of the triangle formation to the upside. This is positive for sentiment and the uptrend has potential to return. A mild correction has been posted from yesterdays high, this is seen as a retest of the breakout level. Reverse trend line support comes in at 100.00. Dip buying offers good...
With price expected to reverse off the stochastics indicator, we have a bearish bias that price will drop to our take profit are where the horizontal pullback support is from our entry where the 127.2% Fibonacci extension and 78.6% Fibonacci projection is. Alternatively, price may head to our stop loss at 1.53123 in line with the 138.2% Fibonacci extension is....
EURNZD
Intraday - We look to Buy at 1.6683 (stop at 1.6647)
Previous resistance level of 1.6670 broken. Previous resistance, now becomes support at 1.6670. Daily signals are bullish. Our overall sentiment remains bullish looking for higher levels. We look to buy dips.
Our profit targets will be 1.6779 and 1.6799
Resistance: 1.6770 / 1.6800 /...
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....
