Blueberry Markets

2022-06-17 08:58:34 [BUY] GBPJPY - Bullish - We look to Buy at 162.20

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 look to buy dips


Stop: 161.1
Target 1: 165.4
Target 2: 168.4

Chart Open / Comment

2022-06-10 19:50:37 [BUY] Bitcoin - Bullish - We look to Buy at 29414

Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end
We look to buy dips
29232 has been pivotal
Expect trading to remain mixed and volatile
As this corrective sequence continues we look to set longs on a dip at better risk/reward levels


Stop: 28799.0
Target 1: 30848.0
Target 2: 31248.0

Chart Open / Comment

2022-06-10 19:50:34 [SELL] Ethereum - Bearish - We look to Sell a break of 1698

Daily signals are bearish
1700 has been pivotal
Price action continues to gravitate towards crucial support levels with aggressive selling interest
A break of bespoke support at 1700, and the move lower is already underway
Price continues to trade within the triangle formation


Stop: 1751.0
Target 1: 1572.0
Target 2: 1552.0

Chart Open / Comment

2022-06-10 19:50:32 [BUY] NDX100 - Bullish - We look to Buy at 12040

Although the bears are in control, the stalling negative momentum indicates a turnaround is possible
We are trading at oversold extremes
This is positive for short term sentiment and we look to set longs at good risk/reward levels for a further correction higher
The hourly chart technicals suggests further downside before the uptrend returns
We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher


Stop: 11830.0
Target 1: 12640.0
Target 2: 12945.0

Chart Open / Comment

2022-06-10 19:50:30 [SELL] XRP - Bearish - We look to Sell at 0.4098

Trading has been mixed and volatile
However, with the intraday chart now highlighting lower highs we are possibly forming a descending triangle pattern
Preferred trade is to sell into rallies
Prices expected to stall near trend line resistance
Trend line resistance is located at 0.4120


Stop: 0.4181
Target 1: 0.3903
Target 2: 0.3853

Chart Open / Comment

2022-06-10 19:50:27 [BUY] US2000 - Bullish - We look to Buy at 1830

Although the bears are in control, the stalling negative momentum indicates a turnaround is possible
We are trading at oversold extremes
The 200 day moving average should provide support at 1839
This is positive for short term sentiment and we look to set longs at good risk/reward levels for a further correction higher
We look to buy dips


Stop: 1795.0
Target 1: 1920.0
Target 2: 1945.0

Chart Open / Comment

2022-06-10 19:50:25 [BUY] DOW30 - Bullish - We look to Buy at 31815

Selling pressure from 32355 resulted in all the initial daily gains being overturned
Although the bears are in control, the stalling negative momentum indicates a turnaround is possible
The hourly chart technicals suggests further downside before the uptrend returns
We are trading at oversold extremes
This is positive for short term sentiment and we look to set longs at good risk/reward levels for a further correction higher
We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher


Stop: 31400.0
Target 1: 33000.0
Target 2: 33860.0

Chart Open / Comment

2022-06-10 19:50:23 [BUY] US500 - Bullish - We look to Buy at 3940

We are trading at oversold extremes
Although the bears are in control, the stalling negative momentum indicates a turnaround is possible
This is positive for short term sentiment and we look to set longs at good risk/reward levels for a further correction higher
We look to buy dips


Stop: 3885.0
Target 1: 4100.0
Target 2: 4230.0

Chart Open / Comment

2022-06-10 19:16:54 The #Forex Market Wrap is here!

Watch the video to learn what key levels have been hit this week!
https://blueberrymarkets.com/market-analysis/news/forex-market-wrap-10th-june/

Trading in margin is high risk. Open / Comment

2022-06-10 12:34:51 [SELL] USD/TRY - Bearish - We look to Sell a break of 17.1000

Previous support located at 17.1000
Previous resistance located at 17.3000
Price action looks to be forming a top
A move through 17.1000 will confirm the bearish momentum


Stop: 17.3
Target 1: 16.6
Target 2: 16.5

Chart Open / Comment