Ethereum - 24h expiry - We look to Buy a break of 1926 (stop at 1876) Short term momentum is bullish. There is no clear indication that the upward move is coming to an end. Short term indicators have turned positive. We look for gains to be extended today. A break of the recent high at 1925 should result in a further move higher. Our profit targets will be...
NZDJPY - 24h expiry Previous support located at 84.50. Previous resistance located at 85.00. Broken out of the channel formation to the downside. Further downside is expected. Risk/Reward would be poor to call a sell from current levels. A move through 84.50 will confirm the bearish momentum. We look to Sell at 85.35 (stop at 85.75) Our profit targets will...
NQ - W Set up Double bottom set up, as long as it stays above 11400/500 areas as support. We are at current resistance that has been tested multiple times break above 12 1/2 I expect 13 1/2 and perhaps 14200/300 areas. We did have FOMC and nothing new has been changed imo rate hikes continue.. Key tip: Higher time frame, less emotional attachment Enjoy,...
USDCHF - 24h expiry Our short-term bias remains positive. Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end. 50 4-hour EMA is at 0.9018. Trend line support is located at 0.9008. We look to buy dips. We look to Buy at 0.9018 (stop at 0.8993) Our profit targets will be 0.9078 and...
This is trade idea for EURUSD Day Trade -Buy around Fair Value Gap (FVG) and Optimal Trade Entry (OTE) according to the confirmation that will occur. -Possible bullish price movement towards the resistance. -Risk Reward 1:3
Humana Inc - 30d expiry - We look to Buy at 481.11 (stop at 468.38) Price action continued to range between key support & resistance (480 - 515) although we expect a break of this range soon. The primary trend remains bullish. We look to buy dips. Short term momentum is bearish. We look for a temporary move lower. Our profit targets will be 512.88 and...
XRP - 24h expiry - We look to Buy at 0.4531 (stop at 0.4431) Short term bias has turned positive. Previous resistance at 0.4530 now becomes support. A lower correction is expected. We look to buy dips. 50 4hour EMA is at 0.4536. Our profit targets will be 0.4781 and 0.4831 Resistance: 0.4650 / 0.4700 / 0.4750 Support: 0.4580 / 0.4530 / 0.4500 Please be...
EURNZD - Intraday Daily signals are bullish. Short term momentum is bullish. A lower correction is expected. The previous swing high is located at 1.7556. Previous resistance at 1.7520 now becomes support. We look to Buy at 1.7522 (stop at 1.7462) Our profit targets will be 1.7672 and 1.7692 Resistance: 1.7700 / 1.7738 / 1.7770 Support: 1.7650 / 1.7580...
AUDUSD - Intraday Posted a Bullish Hammer Bottom on the 4-hour chart. A higher correction is expected. Short-term bias has turned negative. We, therefore, prefer to fade into the rally with a tight stop in anticipation of a move back lower. Further downside is expected although we prefer to sell into rallies close to the 0.6575 level. We look to Sell at...
When price clears: 328.87 With daily volume greater than average Target: 389.00 area Depending on your risk tolerance: 308.85 gets you 3/1 Risk/Reward. This trade idea is not trade advice. This idea is strictly based on my ideas and technical analysis. No due diligence or fundamental analysis was performed while evaluating this trade idea. Do not take this...
NZDUSD - 24h expiry - We look to Sell at 0.6100 (stop at 0.6130) Previous support located at 0.6025. Previous resistance located at 0.6075. There is no indication that the selloff is coming to an end. A higher correction is expected. Risk/Reward would be poor to call a sell from current levels. A move through 0.6025 will confirm the bearish momentum. Our...
XRP - 24h expiry - We look to Sell at 0.4645 (stop at 0.4745) Bespoke resistance is located at 0.4650. We look to trade the current range. Daily signals are mildly bearish. Preferred trade is to sell into rallies. Expect trading to remain mixed and volatile. Our profit targets will be 0.4395 and 0.4345 Resistance: 0.4530 / 0.4600 / 0.4650 Support: 0.4450...
Ross Stores - 30d expiry - We look to Sell at 112.85 (stop at 118.61) Short term bias has turned negative. We are trading at overbought extremes. We have a Gap open at 18/11/2022 from 97.93 to 114.80. Previous support at 113 now becomes resistance. Preferred trade is to sell into rallies. We look for a temporary move higher. Our profit targets will be...
ASX200 - 24h expiry Previous support level of 7129 broken. Short term bias has turned negative. Preferred trade is to sell into rallies. The hourly chart technicals suggests further upside before the downtrend returns. Further downside is expected although we prefer to sell into rallies close to the 7190 level. We look to Sell at 7190 (stop at 7230) Our...
When price clears 92.39 With daily volume greater than 6.875M Target: 109.00 area Depending on your risk tolerance: 86.68 gets you 3/1 Risk/Reward, however I recommend your stop be a bit tighter, maybe slightly under the low (89.43) on March 2nd. Caution: Earnings on May 25th, Resistance @ 95.60 This trade idea is not trade advice. This idea is strictly based on...
When price clears 97.03 With daily volume greater than 1.27M Target: 105.00 area Depending on your risk tolerance: 94.39 gets you 3/1 Risk/Reward. Earnings: May 25th This trade idea is not trade advice. This idea is strictly based on my ideas and technical analysis. Not due diligence or fundamental analysis was performed while evaluating this trade idea. Do...
COMEX:HG1! One word - CLEAN! What a beautiful chart for copper! Technically it's ever so clean, when it comes to set ups like this - Be careful of fake breaks. Pattern - Triangle/Pennant Highs: 4.2100 Lows: 3.8255 A break of highs I expect: 4.3550 & 4.5570. However, a break of the lows I expect: 3.6740 & 3.5040 and perhaps lower! Currently, as long as we...