Type: Bearish drop
Resistance : 14899
Pivot: 14707
Support : 14355
Preferred case: With price moving below the ichimoku cloud and the recent trendline breakout, we have a bearish bias that price will drop from our Pivot at 14707 in line with the horizontal swing high and 61.8% Fibonacci retracement towards our 1st support at 14355 in line with the horizontal swing low support and 78.6% Fibonacci retracement.
Alternative scenario: If prices were to reverse, price may potential rise towards our 1st resistance at 14899 which is in line with the horizontal swing high resistance.
Fundamentals: With the concerns over the war in Ukraine, European stocks are expected to trade lower.
Resistance : 14899
Pivot: 14707
Support : 14355
Preferred case: With price moving below the ichimoku cloud and the recent trendline breakout, we have a bearish bias that price will drop from our Pivot at 14707 in line with the horizontal swing high and 61.8% Fibonacci retracement towards our 1st support at 14355 in line with the horizontal swing low support and 78.6% Fibonacci retracement.
Alternative scenario: If prices were to reverse, price may potential rise towards our 1st resistance at 14899 which is in line with the horizontal swing high resistance.
Fundamentals: With the concerns over the war in Ukraine, European stocks are expected to trade lower.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.