On H4, with the price moving below ichimoku cloud and showing a shoulder head pattern, we have a bearish bias that the price may drop from the sell entry at 1.33913 to the taker profit at 1.29511, where the 78.6% fibonacci retracement and previous swing highs are. Alternatively, the price may rise to the stop loss at 1.35687, where the 50% fibonacci retracement...
On H4, with the price moving within the ascending trendline and breaking the ichimoku cloud , we have a bullish bias that the price may rise from the buy entry at 95.361, which is in line with the 23.6% fibonacci retracement to the take profit at 99.718, where the previous swing highs are. Alternatively, the price may drop to stop loss at 90.345, where the swing...
Visa
Intraday - We look to Sell at 199.64 (stop at 210.66)
The medium term bias remains bearish. A sequence of weekly lower lows and highs has been posted. This is negative for sentiment and the downtrend has potential to return. Resistance is located at 200.00 and should cap gains to this area. Preferred trade is to sell into rallies.
Our profit targets...
Bitcoin
Intraday - We look to Sell at 18699 (stop at 19261)
We are trading at oversold extremes. We look for a temporary move higher. Previous support at 18700 now becomes resistance. Daily signals are bearish.
Our profit targets will be 17311 and 17011
Resistance: 17000 / 17500 / 18000
Support: 16000 / 15500 / 15000
Please be advised that the...
AUDJPY
Intraday - We look to Buy at 93.00 (stop at 92.45)
Previous support located at 93.50. Previous resistance located at 94.00. Indecisive price action has resulted in sideways congestion on the intraday chart. Risk/Reward would be poor to call a buy from current levels. A move through 94.00 will confirm the bullish momentum.
Our profit targets will be...
On the H4 chart, the overall bias for OJ is bullish . Furthermore, the price is above the Ichimoku cloud , indicating that the market is bullish . Looking for a pullback buy entry at 1.9053, where the 50% and 61.8% Fibonacci lines are located. We've set a relatively safe stop loss at 1.6846, which is where the 23.6% and 78.6% Fibonacci lines intersect. The take...
On H4, with the price moving within the ascending channel , we have a bullish bias that the price may break the buy entry at 167.750, which is in line with the 38.2% fibonacci retracement to the take profit at 172.191, where the swing high is. Alternatively, the price may drop to the stop loss at 164.733, which is in line with the overlap support.
Please be...
On the H4 chart, the overall bias for DJI is bullish. Furthermore, the price is above the Ichimoku cloud, indicating that the market is bullish. Looking for a pullback buy entry at 32257.13, which contains the 23.6% and 61.8% Fibonacci lines. We've set a relatively safe stop loss at 31007.33, which is where the 38.2% and 50% Fibonacci lines intersect. The take...
On H4, with the price moving below the ichimoku cloud and testing the ascending trendline, we have a bearish bias that the price may drop form the sell entry at 0.98863, which is in line with the 23.6% fibonacci retracement to the take profit at 0.97421, where the swing lows, 127.2% fibonacci extension and 50% fibonacci retracement are. Alternatively, the price...
On H4, with the price moving below ichimoku cloud and showing a shoulder head pattern, we have a bearish bias that the price may drop from the sell entry at 1.34855, which is in line with 23.6% fibonacci retracement and neckline of shoulder head pattern to the taker profit at 1.32120, where the 61.8% fibonacci retracement and previous swing highs are....
On H4, with the price breaking the ascending trendline and below ichimoku cloud, we have a bearish bias that the price may drop from the sell entry at 95.361, which is in line with the 23.6% fibonacci retracement to the take profit at 90.345, where the swing low, 100% fibonacci projection and 61.8% fibonacci retracement are. Alternatively, the price may rise to...
Verizon Communications Inc.
Intraday - We look to Sell at 38.68 (stop at 41.29)
The primary trend remains bearish. Trading within the Wedge formation. Prices expected to stall near trend line resistance. Preferred trade is to sell into rallies.
Our profit targets will be 31.18 and 28.00
Resistance: 39.00 / 48.00 / 55.00
Support: 35.00 / 25.00 / 17.00
...
Litecoin
Intraday - We look to Sell at 63.49 (stop at 65.62)
We are trading at oversold extremes. Short term bias has turned negative. We look for a temporary move higher. Previous support at 63.50 now becomes resistance.
Our profit targets will be 58.31 and 57.31
Resistance: 59.70 / 61.00 / 63.50
Support: 58.00 / 56.80 / 54.00
Please be advised that...
EURGBP
Intraday - We look to Buy at 0.8650 (stop at 0.8600)
Buying pressure from 0.8690 resulted in prices rejecting the dip. Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. The hourly chart technicals suggests further downside before the uptrend returns. Further upside is expected although we prefer to...
On H4, with the price moving below ichimoku cloud and showing a shoulder head pattern, we have a bearish bias that the price may drop from the sell entry at 1.34855, which is in line with 23.6% fibonacci retracement and neckline of shoulder head pattern to the taker profit at 1.32120, where the 61.8% fibonacci retracement and previous swing highs are....
On H4, with the price moving within the ascending channel , we have a bullish bias that the price may break the buy entry at 167.750, which is in line with the 38.2% fibonacci retracement to the take profit at 172.191, where the swing high is. Alternatively, the price may drop to the stop loss at 164.733, which is in line with the overlap support.
Please be...
On H4, with the price moving below the ichimoku cloud and testing the ascending trendline, we have a bearish bias that the price may drop form the sell entry at 0.99150, which is in line with the 23.6% fibonacci retracement to the take profit at 0.97421, where the swing lows, 127.2% fibonacci extension and 50% fibonacci retracement are. Alternatively, the price...
The overall bias for DJI on the H4 chart is bullish. In addition, price is above the Ichimoku cloud, indicating a bullish market. Looking for a pullback buy entry at 32257.13, where the 23.6% and 61.8% Fibonacci lines are located. We have a relatively safe stop loss set at 31007.33, where the 38.2% and 50% Fibonacci lines are located. Take profit will be set at...
