Type : Bearish Reversal
Resistance : 782'2
Pivot: 765'0
Support : 730'0
Preferred case: We see the potential for bearish dip from our Pivot level at 765'0 in line 61.8% Fibonacci retracement and 100% Fibonacci projection towards our 1st Support at 730'0 in line with 78.6% Fibonacci projection .
Alternative scenario: If price continues to go up, it can potentially move towards our 1st Resistance level at 782'2 which is in line with a graphical swing high resistance.
Fundamentals: No Major News.
Resistance : 782'2
Pivot: 765'0
Support : 730'0
Preferred case: We see the potential for bearish dip from our Pivot level at 765'0 in line 61.8% Fibonacci retracement and 100% Fibonacci projection towards our 1st Support at 730'0 in line with 78.6% Fibonacci projection .
Alternative scenario: If price continues to go up, it can potentially move towards our 1st Resistance level at 782'2 which is in line with a graphical swing high resistance.
Fundamentals: No Major News.
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
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.
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
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.