Foot Locker - Medium Term - We look to Sell at 38.81 (stop at 40.86)
Trading within a Bearish Channel formation. Price action continued to range between key support & resistance (30.02 - 40.00) although we expect a break of this range soon. Short term momentum is bearish. Preferred trade is to sell into rallies.
Our profit targets will be 30.34 and 24.10
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EURNZD - Intraday - We look to Sell at 1.6569 (stop at 1.6609)
Trend line resistance is located at 1.6570. Bespoke resistance is located at 1.6570. Our short term bias remains negative. Preferred trade is to sell into rallies.
Our profit targets will be 1.6469 and 1.6449
Resistance: 1.6470 / 1.6520 / 1.6570
Support: 1.6430 / 1.6400 / 1.6370
Please be...
Looking at the H4 chart, my overall bias for ZC1! is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market. Looking for a sell entry at 651.25, where the previous low is. Stop loss will be at 661.50, where the 23.6% Fibonacci line is. Take profit will be at 632.00, where the 50% Fibonacci line is.
Please be advised that the...
Looking at the H4 chart, my overall bias for PA1! is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a buy entry at 1917.5, where the 38.2% Fibonacci line is. Stop loss will be at 1839.0, where the recent low is. Take profit will be at 2113.0, where the previous swing high is.
Please be advised that the...
Looking at the H4 chart, my overall bias for AUDUSD is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Price has tapped into my buy entry at 0.67678, where the 61.8% Fibonacci line is. Stop loss will be at 0.66688, where the previous swing low and 50% Fibonacci line is. Take profit will be at 0.69161, where the...
Looking at the H4 chart, my overall bias for EURUSD is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a buy stop entry at 1.05948, where the previous high is to ride the bullish momentum upwards. Stop loss will be at 1.04431, where the 50% Fibonacci line and previous swing low is. Take profit will be at...
Looking at the H4 chart, my overall bias for DJI is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. Looking for a possible buy entry at 33240.22, where the 23.6% Fibonacci line is. Stop loss will be at 32485.23, where the 38.2% Fibonacci line is. Take profit will be at 35411.35, where the 78.6% Fibonacci line and...
Bitcoin - Intraday - We look to Buy a break of 17402 (stop at 16987)
A break of the recent high at 17370 should result in a further move higher. Intraday signals are mildly bullish. We are trading at oversold extremes. Short term momentum is bullish.
Our profit targets will be 18459 and 18759
Resistance: 17400 / 17800 / 18000
Support: 17000 / 16700 /...
EURJPY - Intraday - We look to Sell at 145.00 (stop at 145.80)
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. Previous resistance located at 144.58. The 200 day moving average should provide resistance at 144.95. The trend of lower highs is located at 146.13. This is negative for sentiment and the downtrend...
Looking at the H4 chart, my overall bias for ZO1! is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market. However, I am looking to play the pullback. So, I am looking for a possible buy limit entry at 321.125, where the 127.2% Fibonacci extension line and -27.2% Fibonacci expansion line are. Stop loss will be at 161.8%...
Looking at the H4 chart, my overall bias for ZW1! is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market. However, I am looking to play the pullback. So, I am looking for a possible buy stop entry at 756.25, where the 23.6% Fibonacci line is. Stop loss will be at 723.50, where the recent swing low is. Take profit will be at...
Looking at the H4 chart, my overall bias for AUDUSD is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a buy entry at 0.67678, where the 61.8% Fibonacci line is. Stop loss will be at 0.66688, where the previous swing low and 50% Fibonacci line is. Take profit will be at 0.69161, where the previous swing...
Looking at the H4 chart, my overall bias for EURUSD is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a buy stop entry at 1.05948, where the previous high is to ride the bullish momentum upwards. Stop loss will be at 1.04431, where the 50% Fibonacci line and previous swing low is. Take profit will be at...
Looking at the H4 chart, my overall bias for SPX is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a possible buy entry at 3907.07, where the 50% Fibonacci line is. Stop loss will be at 3806.91, where the 38.2% Fibonacci line is. Take profit will be at 4101.65, slightly below where the 78.6% Fibonacci line...
Plug Power - Short Term - We look to Sell at 14.94 (stop at 16.92)
The medium term bias remains bearish. A break of the recent low at 13.68 should result in a further move lower. The sequence for trading is lower lows and highs. The continuation lower in prices through support has been impressive with strong momentum and shows no signs of slowing. Preferred...
USDJPY - Intraday - We look to Sell at 138.16 (stop at 139.16)
The rally was sold and the dip bought resulting in mild net losses yesterday. The medium term bias is neutral. Bespoke resistance is located at 138.16. A Fibonacci confluence area is located at 143.82. Although the anticipated move lower is corrective, it does offer ample risk/reward today.
Our...
GBPJPY - Intraday - We look to Sell at 167.35 (stop at 168.30)
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. The 200 day moving average should provide resistance at 167.30. This is negative for short term sentiment and we look to set shorts at good risk/reward levels for a further correction lower. We look...
Looking at the H4 chart, my overall bias for DJI is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a possible buy entry at 33240.22, where the 23.6% Fibonacci line is. Stop loss will be at 32485.23, where the 38.2% Fibonacci line is. Take profit will be at 35411.35, where the 78.6% Fibonacci line and...
