On the H4, prices seem to be in a bearish momentum as prices are still below the ichimoku cloud and in a descending trend. we're still looking for a pullback sell entry at 1.1858 where the 23.6% retracement sits. our take profit will be placed at the previous swing low at 1.17433 and stop loss at 1.1897 where the 61.8% projection sits
Please be advised that the...
On the H4 chart, prices are above the ichimoku cloud and has confirmed a bullish momentum breaking the previous high. Short term- we're looking for a pullback buy entry at 135.462 where the 61.8% projection and 38.2% retracement sits, take profit at 137.626 where the 78.6% fibonacci retracement and 161.8% extension sits. Our stop loss will be placed at 133.874...
On the H4, with price moving within the descending trendline and below the ichimoku indicator, we have a bearish bias that price will drop from sell entry at 0.62056, where the overlap support and 61.8% fibonacci retracement are to the take profit at 0.61488, where the swing low and 78.6% fibonacci retracement are. Alternatively, price could rise to stop loss at...
On the H4, with prices moving within the descending trendline, below ichimoku cloud , we have a bearish bias that the price may drop from the sell entry at 1750.410, which is in line with the 38.2% fibonacci retracement to the take profit at 1731.841, which is in line with the 61.8% fibonacci retracemenet and overlap support. Alternatively, the price may rise to...
On the H4, with price moving along the ascending trendline and bouncing off the stochastic support, we have a bullish bias that price will rise to buy entry at 33481 where the pullback resistance and 50% fibonacci retracement are. Should price break entry structure, we would expect bullish momentum to carry price to take profit at 34271 where the swing high...
Snowflake
Short Term - We look to Sell at 193.62 (stop at 220.84)
This stock surged after earnings report on premarket. We are trading at overbought extremes. A lower correction is expected. A move higher faces tough resistance and we remain cautious on upside potential. Selling spikes offers good risk/reward.
Our profit targets will be 132.14 and 120.00...
Bitcoin
Intraday - We look to Sell at 21780 (stop at 21983)
21800 has been pivotal. The bias is still for lower levels and we look for any gains to be limited. Price continues to trade within the bearish formation. Preferred trade is to sell into rallies.
Our profit targets will be 21083 and 20829
Resistance: 21800 / 22000 / 22500
Support: 21000 / 20800...
GBPUSD
Intraday - We look to Sell at 1.1898 (stop at 1.1951)
The medium term bias remains bearish. Previous support level of 1.2003 broken. There is scope for mild upward pressure at the open but we look for selling interest to resist gains. Preferred trade is to sell into rallies.
Our profit targets will be 1.1744 and 1.1700
Resistance: 1.1900 / 1.2003...
On the H4, with price moving below the ichimoku indicator, we have a bearish bias that price will drop from sell entry at 0.62124 where the pullback overlap resistance is to the take profit at 0.60606 where the swing low support and 161.8% fibonacci extension are. Alternatively, price could break entry structure and rise to stop loss at 0.63142 where the overlap...
On the H4, with price breaking out of the ascending trendline and moving below the ichimoku indicator, we have a bearish bias that price will drop to sell entry at 32608 where the pullback support and 38.2% fibonacci retracement are. Once there is downside confirmation of price breaking entry structure, we would expect bearish momentum to carry price to take...
Ethereum
Intraday - We look to Sell a break of 1526 (stop at 1571)
1527 has been pivotal. A break of the recent low at 1527 should result in a further move lower. Daily signals are mildly bearish. Our short term bias remains negative.
Our profit targets will be 1424 and 1394
Resistance: 1700 / 1750 / 1800
Support: 1600 / 1550 / 1500
Please be advised...
Intuit
Short Term - We look to Sell at 478.00 (stop at 501.49)
This stock reported earning in line with expectations and reported a share buyback which led to a jump in shares premarket. We look to fade this brief rally.480.00 continues to hold back the bulls. Early optimism is likely to lead to gains although extended attempts higher are expected to fail....
On the H4, with the price going within the descending channel and below ichimoku cloud, we have a bearish bias that the price may drop to the sell entry at 0.68865, which is in line with the previous swing lows. If the price breaks the sell entry, we can expect it to drop to the take profit at 0.67828, where the 78.6% fibonacci retracement is. Alternatively, the...
On the H4, with price breaking the descending channel and above ichimoku cloud, we have a bullish bias that the price may rise to the buy entry at 102.489, where the 100% fibonacci projection and overlap resistance are. If the price breaks this level, we can expect the price to rise to the take profit at 105.996, where the swing highs are. Alternatively, the price...
EURSEK
Intraday - We look to Buy at 10.5061 (stop at 10.4602)
Preferred trade is to buy on dips. Downward pressure has continued and we are assessed as being in the corrective leg lower before the next rally. There is scope for mild selling at the open but losses should be limited. We therefore, prefer to fade into the dip with a tight stop in anticipation...
On the H4, prices seem to be in a bearish momentum as prices are still below the ichimoku cloud . we're looking for a pullback sell entry at 1.1875 where the 23.6% retracement sits. our take profit will be placed at the previous swing low at 1.1722 and stop loss at 1.1930 where the 78.6% projection and 38.2% retracement sits
Please be advised that the information...
On the H4, with prices moving above the ichimoku indicator, we have a bullish bias that the price will rise to buy entry at 4179.62 where the pullback resistance is. Once there is upside confirmation of price breaking entry structure, we would expect bullish momentum to carry price to take profit at 4328.40 where the swing high resistance and 127.2% fibonacci...
XRP
Intraday - We look to Sell at 0.3459 (stop at 0.3521)
Daily signals are bearish. Our short term bias remains negative. The trend of higher highs is located at 0.3460. We look for a temporary move higher.
Our profit targets will be 0.3301 and 0.3261
Resistance: 0.3400 / 0.3450 / 0.3500
Support: 0.3300 / 0.3240 / 0.3200
Please be advised that the...
