Litecoin - 24h expiry - We look to Buy at 94.24 (stop at 90.74) The sequence for trading is higher highs and lows. Trend line support is located at 94.20. We look to buy dips. 94.14 has been pivotal. Bespoke support is located at 94.14. Our profit targets will be 103.24 and 105.24 Resistance: 98.00 / 100.50 / 104.00 Support: 95.50 / 94.14 / 91.50 Please...
USDCAD is rising towards a key resistance and could potentially reverse from here. We could see price drop down to our take profit target. Entry: 1.32428 Why we like it: There is a pullback resistance that aligns with the 23.6% Fibonacci retracement level Stop Loss: 1.33023 Why we like it: There is a pullback resistance that aligns above the 50.0% Fibonacci...
NAS100 is rising towards a key resistance and could potentially reverse from here. We could see price drop down to our take profit target. Entry: 15265.30 Why we like it: There is an overlap resistance at the recent swing-high Stop Loss: 15570.75 Why we like it: There is an overlap resistance that aligns just above the 100% Fibonacci projection level Take...
DXY is falling towards a key support and could potentially reverse from here. We could see price bounce up to our take profit target. Entry: 101.075 Why we like it: There is an overlap support Stop Loss: 100.788 Why we like it: There is a pullback support that aligns with the 100.0% Fibonacci projection level Take Profit: 101.937 Why we like it: There is an...
EURUSD is falling towards a key support and could potentially reverse from here. We could see price bounce up to our take profit target. Entry: 1.10011 Why we like it: There is an overlap support Stop Loss: 1.09450 Why we like it: There is a pullback support that aligns under the 38.2% Fibonacci retracement level Take Profit: 1.10813 Why we like it: There is an...
NZDJPY - 24h expiry - We look to Sell at 87.50 (stop at 87.90) Broken out of the channel formation to the downside. Further downside is expected. Short term RSI is moving lower. Risk/Reward would be poor to call a sell from current levels. A move through 86.75 will confirm the bearish momentum. Our profit targets will be 86.50 and 86.25 Resistance: 87.00...
Salesforce - 30d expiry - We look to Buy at 216.11 (stop at 206.11) The primary trend remains bullish. Broken out of the triangle formation to the upside. Previous resistance at 216 now becomes support. We look to buy dips. Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end. This...
Ethereum - 24h expiry - We look to Buy at 1845 (stop at 1805) We look to trade the current range. Price action continued to range between key support & resistance (1840 - 1920) and we expect this to continue. Bespoke support is located at 1840. We look to buy dips. Expect trading to remain mixed and volatile. Our profit targets will be 1945 and 1965...
NZDUSD is falling towards a key support and could potentially reverse from here. We could see price bounce up to our take profit target. Entry: 0.61312 Why we like it: There is a pullback support that aligns with the 50.0% Fibonacci retracement level Stop Loss: 0.60647 Why we like it: There is a recent swing-low support Take Profit: 0.62177 Why we like...
USDJPY is falling towards a key support and could potentially reverse from here. We could see price bounce up to our take profit target. Entry: 140.166 Why we like it: There is an overlap support that aligns with the 78.6% Fibonacci retracement level and the 100% Fibonacci projection level Stop Loss: 138.797 Why we like it: There is a pullback support Take...
SP500 is falling towards a key support and could potentially reverse from here. We could see price bounce up to our take profit target. Entry: 4382.19 Why we like it: There is a pullback support that aligns with the 78.6% Fibonacci projection level Stop Loss: 4338.64 Why we like it: There is a pullback support that aligns under the 127.2%% Fibonacci projection...
USOUSD is rising towards a key resistance and could potentially reverse from here. We could see price drop down to our take profit target. Entry: 74.377 Why we like it: There is an overlap resistance Stop Loss: 77.001 Why we like it: There is an overlap resistance Take Profit: 70.481 Why we like it: There is a pullback support that aligns with the 50%...
Consol Energy - 30d expiry - We look to Buy at 63.75 (stop at 60.75) We are trading at overbought extremes. Previous resistance at 64 now becomes support. The previous swing low is located at 63.32. Bespoke support is located at 64. We look to buy dips. Expect trading to remain mixed and volatile. Our profit targets will be 70.75 and 72.75 Resistance:...
Litecoin - 24h expiry - We look to Sell a break of 90.68 (stop at 93.88) Trend line support is located at 93.00. Prices expected to stall near trend line support. A break of the recent low at 90.85 should result in a further move lower. The medium term bias is neutral. There is no clear indication that the downward move is coming to an end. Our profit...
CHN50 - 24h expiry - We look to Sell at 12720 (stop at 12805) Buying pressure from 12375 resulted in prices rejecting the dip. The current move higher is expected to continue. Indecisive price action has resulted in sideways congestion on the intraday chart. Preferred trade is to sell into rallies. Previous resistance located at 12733. Our profit targets...
BTCUSD is falling towards a key support and could potentially reverse from here. We could see price bounce up to our take profit target. Entry: 29883.99 Why we like it: There is an overlap support that aligns with the 23.6% Fibonacci retracement level Stop Loss: 28332.27 Why we like it: There is an overlap support that aligns above the 50.0% Fibonacci...
Gold (XAUUSD) is rising towards a key resistance and could potentially reverse from here. We could see price drop down to our take profit target. Entry: 1933.40 Why we like it: There is an overlap resistance that aligns above the 50.0% Fibonacci retracement level Stop Loss: 1952.70 Why we like it: There is a pullback resistance that aligns with the 78.6%...
AUDUSD is falling towards a pullback support and could potentially reverse from here. We could see price bounce up to our take profit target. Entry: 0.66129 Why we like it: There is a pullback support at the recent swing-low Stop Loss: 0.65801 Why we like it: There is an overlap support Take Profit: 0.67008 Why we like it: There is a pullback resistance at the...