EURNZD Sell the breakdown.EURNZD - Intraday - We look to Sell a break of 1.6878 (stop at 1.6903)
There is no indication that the selloff is coming to an end.
Our short term bias remains negative.
A break of yesterdays low would confirm bearish momentum.
Price action is forming a bearish flag which has a bias to break to the downside.
Our profit targets will be 1.6804 and 1.6784
Resistance: 1.6940 / 1.6970 / 1.7000
Support: 1.6900 / 1.6870 / 1.6830
Tradesetup
GBPJPY Buy a break.GBPJPY - Intraday - We look to Buy a break of 151.51 (stop at 151.28)
Our short term bias remains positive.
A break of yesterdays high would confirm bullish momentum.
We look for gains to be extended today.
Expect trading to remain mixed and volatile.
Our profit targets will be 152.14 and 152.34
Resistance: 151.50 / 151.80 / 152.00
Support: 151.20 / 150.90 / 150.70
DOGE - Buy a break setup.DOGEUSD - Intraday - We look to Buy a break of 0.3001 (stop at 0.2897)
Daily signals are bullish.
Trading close to the psychological 0.3000 level.
A break of bespoke resistance at 0.3000, and the move higher is already underway.
Our profit targets will be 0.3279 and 0.3319
Resistance: 0.2900 / 0.3000 / 0.3100
Support: 0.2700 / 0.2600 / 0.2500
OMG Sell a break setup.OMGUSD - Intraday - We look to Sell a break of 5.928 (stop at 6.161)
Prices stalled near resistance and reversed lower.
Rallies continue to attract sellers.
The RSI is trending lower.
A break of 5.930 is needed to confirm follow through negative momentum.
Trend line support is located at 5.300.
Our profit targets will be 5.251 and 5.051
Resistance: 6.600 / 7.000 / 7.300
Support: 6.000 / 5.400 / 5.000
GER30 Buy the previous resistance.GER30 - Intraday - We look to Buy at 15812 (stop at 15758)
Previous resistance, now becomes support at 15800.
Dips continue to attract buyers.
We look to buy dips.
Daily signals are bullish.
There is no clear indication that the upward move is coming to an end.
Our profit targets will be 15969 and 15989
Resistance: 15970 / 16000 / 16030
Support: 15900 / 15850 / 15800
EOS Buy a break setup.EOS - Intraday - We look to Buy a break of 5.176 (stop at 5.044)
Price action has formed a bullish ending wedge formation.
The previous swing high is located at 5.168.
Daily signals are bullish.
The bias is to break to the upside.
Our profit targets will be 5.543 and 5.649
Resistance: 5.000 / 5.150 / 5.400
Support: 4.850 / 4.700 / 4.550
GBPJPY Sell the breakdown.GBPJPY - Intraday - We look to Sell a break of 149.28 (stop at 149.56)
A break of yesterdays low would confirm bearish momentum.
Daily signals are bearish.
The continuation lower in prices through support has been impressive with strong momentum and shows no signs of slowing.
Daily pivot is at 148.46.
We look for losses to be extended today.
Our profit targets will be 148.51 and 148.31
Resistance: 149.80 / 150.00 / 150.30
Support: 149.30 / 149.00 / 148.80
DE30 Sell the resistance.DE30 - Intraday - We look to Sell at 15805 (stop at 15861)
Pivot resistance is at 15815.
Pivot resistance is at 15806.
Short term bias has turned negative.
Preferred trade is to sell into rallies.
Our profit targets will be 15654 and 15634
Resistance: 15770 / 15800 / 15815
Support: 15700 / 15650 / 15600
ETH Buy at 20 EMA.Ethereum - Intraday - We look to Buy at 3141 (stop at 3077)
Daily signals are bullish.
20 4hour EMA is at 3139.
50 4hour EMA is at 3125.
We look to buy dips.
Pivot support is at 3112.
Our profit targets will be 3333 and 3393
Resistance: 3280 / 3340 / 3400
Support: 3200 / 3150 / 3100
Bitcoin buy a break setup.Bitcoin - Intraday - We look to Buy a break of 48212 (stop at 47484)
Daily signals are bullish.
Pivot resistance is at 48200.
A break of bespoke resistance at 48200, and the move higher is already underway.
Trading close to the psychological 50000 level.
We look for gains to be extended today.
Our profit targets will be 50344 and 50944
Resistance: 48200 / 50000 / 51500
Support: 46800 / 45800 / 45000
BCH Buy a break setup.BCHUSD - Intraday - We look to Buy a break of 651.1 (stop at 634.4)
Pivot resistance is at 649.9.
A break of bespoke resistance at 650.0, and the move higher is already underway.
Daily signals are bullish.
Our profit targets will be 698.7 and 707.7
Resistance: 650.0 / 670.0 / 690.0
Support: 630.0 / 615.0 / 600.0
OPEN LONG ON TLM/USDTTLM has done the retest. Expecting a good rally of up to 50%.
Take entry from $0.2917 to $0.3109
We are going to accumulate this coin so use 2x to 5x leverage.
Targets will be:
$0.342
$0.383
$0.432
Stop Loss: $0.2439
Note: This ain't financial advice. I have done my own research and trading at my own risk. So, do your own research before taking this trade.
If you like this setup then do share your views in the comment box.
XRP Buy a Break Setup.Ripple - Intraday - We look to Buy a break of 1.351 (stop at 1.308)
Daily signals are bullish.
The continuation higher in prices through resistance has been impressive with strong momentum and shows no signs of slowing.
Price continues to trade within the triangle formation.
A break of bespoke resistance at 1.350, and the move higher is already underway.
Our profit targets will be 1.469 and 1.499
Resistance: 1.300 / 1.350 / 1.400
Support: 1.250 / 1.200 / 1.150
GBPJPY Buy the dip.GBPJPY - Intraday - We look to Buy at 151.31 (stop at 151.06)
Daily pivot is at 151.32.
Pivot support is at 151.17.
Dips continue to attract buyers.
We look to buy dips.
We are trading at oversold extremes.
Expect trading to remain mixed and volatile.
Our profit targets will be 152.08 and 152.28
Resistance: 151.80 / 152.00 / 152.20
Support: 151.50 / 151.30 / 151.15
DE30 Buy the previous resistance.GER30 - Intraday - We look to Buy at 15801 (stop at 15748)
Previous resistance, now becomes support at 15800.
20 4hour EMA is at 15785.
Daily signals are bullish.
There is no clear indication that the upward move is coming to an end.
Price action resulted in a new all-time high at 16030.
Our profit targets will be 15947 and 15967
Resistance: 15900 / 15950 / 16000
Support: 15850 / 15800 / 15750
Live Trading and Analysis AUDUSDThe AUDUSD has traded below the Daily Structure of 0.7340 after several intraday attempts to stay above this price point.
Another factor that will contribute to this bias is a break below 1DL of 0.7332.
We look to target the next structural point of 0.7289, the strong line 110% of the Fibonacci extension.
Alternatively, a break back above the 0.7348 will invalidate the short setup.
EURUSD Buy the daily pivot.EURUSD - Intraday - We look to Buy at 1.1705 (stop at 1.1688)
Daily pivot is at 1.1704.
Bullish divergence is expected to support prices.
With signals for sentiment at oversold extremes, the dip could not be extended.
A higher correction is expected.
Our profit targets will be 1.1759 and 1.1769
Resistance: 1.1725 / 1.1740 / 1.1750
Support: 1.1700 / 1.1680 / 1.1660