Market analysis from Vantage
Bitcoin - Intraday - We look to Buy a break of 16751 (stop at 16329) A break of the recent high at 16746 should result in a further move higher. 16746 has been pivotal. We are trading at oversold extremes. Our profit targets will be 17792 and 18192 Resistance: 16750 / 17000 / 17500 Support: 16000 / 15800 / 15500 Please be advised that the information...
EURNZD - Intraday - We look to Sell at 1.6827 (stop at 1.6867) Our short term bias remains negative. Preferred trade is to sell into rallies. 20 1day EMA is at 1.6827. Our profit targets will be 1.6727 and 1.6707 Resistance: 1.6740 / 1.6800 / 1.6830 Support: 1.6700 / 1.6670 / 1.6640 Please be advised that the information presented on TradingView is...
UKOUSD - Intraday - We look to Sell at 84.00 (stop at 85.30) A Fibonacci confluence area is located at 81.10. Selling posted in Asia. We have a Gap open at 83.88 from 22/11 to 28/11. The sequence for trading is lower lows and highs. Previous support, now becomes resistance at 83.94. Our profit targets will be 81.10 and 79.90 Resistance: 83.88 / 83.94 /...
On the H4 chart, the overall bias for ZC1! is bearish . To add confluence to this, price is below the Ichimoku cloud which indicates a bearish market. With price tapping into my sell entry at 675.00, where the 50% Fibonacci line is, I am looking to take profit at 632.00, where the 50% Fibonacci line is. Stop loss will be at 685.25, slightly above where the 61.8%...
On the H4 chart, the overall bias for OJ is bearish . To add confluence to this, price is crossing below the Ichimoku cloud which indicates a bearish market. Looking for a sell entry at 2.1151, where the 23.6% Fibonacci line and 100% Fibonacci projection line are. Stop loss will be at 2.2944, where the previous swing high is. Take profit will be at 1.9053, where...
Looking at the H4 chart, my overall bias for AUDUSD is bearish due to the current price crossing above the Ichimoku cloud , indicating a bullish market. Price has tapped into my sell entry at 0.67700, where the 61.8% Fibonacci line is. Stop loss will be placed at 0.69161, where the previous high and 78.6% Fibonacci line is. Take profit will be at 0.65473, where...
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. Price has tapped into my buy entry at 1.03642, where the 50% Fibonacci line is. Stop loss will be placed at 1.02225, slightly above the 38.2% Fibonacci line and where the swing low is. Take profit will be at 1.06014,...
The overall bias for SPX on the H4 chart is bullish . Furthermore, the price is above the Ichimoku cloud , indicating a bullish market. I'm looking for an immediate buy entry at 4031.44, which is the 61.8% Fibonacci line. The stop loss will be set at 3907.07, the previous low and 50% Fibonacci line. The take profit point will be at 4177.51, just above the 78.6%...
Tesla - Short Term - We look to Buy at 177.90 (stop at 163.33) The medium term bias remains bearish. Broken out of the wedge formation to the upside. Bullish divergence can be seen on the daily (the chart makes a lower low while the oscillator makes a higher low), often a signal of exhausted bearish momentum, or at least a correction higher. Although the...
USDCHF - Intraday - We look to Sell at 0.9478 (stop at 0.9508) The bearish engulfing candle on the daily chart is negative for sentiment. We are trading at oversold extremes. There is no clear indication that the downward move is coming to an end. Preferred trade is to sell into rallies. Bespoke resistance is located at 0.9480. Our profit targets will be...
XRP - Intraday - We look to Buy at 0.3901 (stop at 0.3746) Our bespoke resistance of 0.4000 has been clearly broken. Bespoke support is located at 0.3900. We look to buy dips. Short term bias has turned positive. Our profit targets will be 0.4289 and 0.4349 Resistance: 0.4200 / 0.4300 / 0.4400 Support: 0.4000 / 0.3900 / 0.3800 Please be advised that...
The overall bias for DJI on the H4 chart is bullish. Furthermore, the price is above the Ichimoku cloud, indicating a bullish market. I'm looking for an immediate buy entry at 4031.44, which is the 61.8% Fibonacci line. The stop loss will be set at 3907.07, the previous low and 50% Fibonacci line. The take profit point will be at 4177.51, just above the 78.6%...
On the H4 chart, the overall bias for ZC1! is bearish . To add confluence to this, price is below the Ichimoku cloud which indicates a bearish market. With price tapping into my sell entry at 675.00, where the 50% Fibonacci line is, I am looking to take profit at 632.00, where the 50% Fibonacci line is. Stop loss will be at 685.25, slightly above where the 61.8%...
On the H4 chart, the overall bias for OJ is bearish . To add confluence to this, price is crossing below the Ichimoku cloud which indicates a bearish market. Looking for a sell entry at 2.1151, where the 23.6% Fibonacci line and 100% Fibonacci projection line are. Stop loss will be at 2.2944, where the previous swing high is. Take profit will be at 1.9053, where...
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 entry at 1.03642, where the 50% Fibonacci line is. Stop loss will be placed at 1.02225, slightly above the 38.2% Fibonacci line and where the swing low is. Take profit will be at 1.06014, where the...
The overall bias for AUDUSD on the H4 chart is bullish. Furthermore, the price is above the Ichimoku cloud, indicating a bullish market. We're looking for a buy entry at 0.67711, which corresponds to the 61.8% Fibonacci line. The stop loss will be set at 0.65848, which is the previous swing low. I intend to take a profit at 0.69161, where the previous swing high...
On the H4 chart, the overall bias for ZC1! is bearish . To add confluence to this, price is below the Ichimoku cloud which indicates a bearish market. With price tapping into my sell entry at 675.00, where the 50% Fibonacci line is, I am looking to take profit at 632.00, where the 50% Fibonacci line is. Stop loss will be at 685.25, slightly above where the 61.8%...
GBPUSD - Intraday - We look to Buy at 1.1970 (stop at 1.1875) Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. We are trading at overbought extremes. A lower correction is expected. The bias is still for higher levels and we look for any dips to be limited. We therefore, prefer to fade into the dip with a...