Johnson and Johnson - 30D expiry - We look to Sell at 170.59 (stop at 173.41) Daily signals are bearish. Daily pivot is at 170.27. Bespoke resistance is located at 170.00. Preferred trade is to sell into rallies. We look for a temporary move higher. Our profit targets will be 163.06 and 161.06 Resistance: 168.00 / 170.00 / 174.00 Support: 165.00 / 163.00...
Ethereum - Expiry tomorrow 8am UK time - We look to Buy a break of 1401 (stop at 1347) Short term momentum is bullish. Bespoke resistance is located at 1400. A break of bespoke resistance at 1400, and the move higher is already underway. We are trading at oversold extremes. Our profit targets will be 1529 and 1559 Resistance: 1370 / 1400 / 1450 Support:...
BP. (BP.) - 30D expiry - We look to Sell at 463.80 (stop at 475.20) We are trading at overbought extremes. Broken out of the triangle formation to the downside. We look for a temporary move higher. Daily pivot is at 469.60. Preferred trade is to sell into rallies. Risk/Reward would be poor to call a sell from current levels. Our profit targets will be...
Netflix - 30D expiry - We look to Buy a break of 252.11 (stop at 234.98) Daily pivot is at 251.99. A break of yesterdays high would confirm bullish momentum. We are trading at oversold extremes. Although an initial rally was posted, sellers emerged and follow through bearish momentum resulted in all the previous day's gains being overturned. Daily signals...
Litecoin - Intraday expiry 8am UK - We look to Buy at 50.36 (stop at 48.88) With signals for sentiment at oversold extremes, the dip could not be extended. Trading close to the psychological 50.00 level. 50.16 has been pivotal. Bullish divergence is expected to support prices. We look to buy dips. Our profit targets will be 54.19 and 55.19 Resistance:...
Uber Technologies - Short Term - We look to Sell a break of 27.59 (stop at 29.51) Daily signals are bearish. A Doji style candle has been posted from the high. The primary trend remains bearish. The previous swing low is located at 27.69. Daily pivot is at 27.69. A break of 27.69 is needed to confirm follow through negative momentum. Buying at the start of...
Koninklike Ahold Delhaize - Short term - We look to Sell at 28.27 (stop at 28.79) Price action continued to range between key support & resistance (27.00 - 28.40) and we expect this to continue. Preferred trade is to sell into rallies. Spikes (rejections) can be seen in both directions highlighting indecision. 28.39 has been pivotal. Trading has been mixed...
Tesla - Intraday - We look to Buy a break of 315.11 (stop at 302.98) The primary trend remains bullish. Short term bias is bullish. Daily pivot is at 314.67. Short term momentum is bullish. A break of the recent high at 314.61 should result in a further move higher. There is no clear indication that the upward move is coming to an end. Our profit targets...
Alfen - Intraday - We look to Sell at 102.96 (stop at 105.22) We are trading at oversold extremes. Weekly pivot is at 103.80. Daily pivot is at 105.00. Preferred trade is to sell into rallies. Bespoke resistance is located at 103.00. Resistance could prove difficult to breakdown. Our profit targets will be 97.52 and 93.52 Resistance: 97.00 / 100.00 /...
Litecoin - Intraday - We look to Buy a break of 54.01 (stop at 52.58) We are trading at oversold extremes. A higher correction is expected. A break of bespoke resistance at 54.00, and the move higher is already underway. Expect trading to remain mixed and volatile. 20 4hour EMA is at 54.15. The trend of higher lows is located at 52.50. Our profit targets...
Fiverr - Short Term - We look to Sell at 43.39 (stop at 46.02) Price action continued to range between key support & resistance (31.00 - 44.00) and we expect this to continue. Posted a Double Top formation. Expect trading to remain mixed and volatile. 45.75 has been pivotal. Bespoke resistance is located at 44.00. Daily signals are bearish. Our profit...
Bitcoin - Intraday - We look to Sell at 19499 (stop at 19901) Our bespoke support of 19500 has been clearly broken. 19500 has been pivotal. Previous support at 19500 now becomes resistance. We are trading at oversold extremes. A lower correction is expected. We look for a temporary move higher. Our profit targets will be 18551 and 18251 Resistance:...
Mastercard - Intraday - We look to Buy at 309.31 (stop at 301.98) Support is located at 310.00 and should stem dips to this area. Weekly pivot is at 304.71. Weekly pivot is at 303.19. Dips continue to attract buyers. The primary trend remains bullish. The RSI is trending lower. We look for a temporary move lower. Our profit targets will be 329.69 and...
Ford - Intraday - We look to Buy a break of 16.11 (stop at 15.38) Price action has formed a bullish ending wedge formation. Daily signals are mildly bullish. The 1 day moving average should provide resistance at 16.00. A break of 15.80 is needed to confirm follow through bullish momentum. The bias is to break to the upside. Our profit targets will be 17.95...
Aegon - Intraday - We look to Sell at 4.898 (stop at 5.021) 4.900 continues to hold back the bulls. The previous swing high is located at 4.878. Bespoke resistance is located at 4.900. 4.916 has been pivotal. Preferred trade is to sell into rallies. Resistance could prove difficult to breakdown. Our profit targets will be 4.604 and 4.544 Resistance:...
Carrefour - Intraday - We look to Sell at 17.47 (stop at 17.91) Price action continued to range between key support & resistance (16.00 - 17.50) and we expect this to continue. Daily signals are mildly bearish. Bespoke resistance is located at 17.50. 17.50 has been pivotal. We look for a temporary move higher. 17.50 continues to hold back the bulls. Our...
Bitcoin - Intraday - We look to Buy at 19601 (stop at 19248) Short term momentum is bearish. Support is located at 19500 and should stem dips to this area. 19500 has been pivotal. We look to buy dips. We look for a temporary move lower. Our profit targets will be 20444 and 20844 Resistance: 20500 / 21000 / 21500 Support: 20000 / 19500 / 19000 Disclaimer...
This looks safe a nice channel + symmetrical triangle formation (clear on lower timeframes) good confirmation for a long position . Easy 30 - 50pips catch