Type : Bullish continuation
Resistance : 1747'2
Pivot: 1656'0
Support : 1625'6
Preferred Case: On the H4 chart, price is near our pivot of 1656'0 in line with horizontal overlap support and 38.2% Fibonacci retracement . Price can potentially rise to our 1st resistance level at 1747'2 in line with the horizontal swing high resistance and 78.6% Fibonacci retracement. Our bullish bias is supported by how price is moving above the ichimoku cloud .
Alternative scenario: Alternatively, price may head to our 1st support at 1625'6 in line with the 61.8% Fibonacci retracement level.
Fundamentals: No major news event.
Resistance : 1747'2
Pivot: 1656'0
Support : 1625'6
Preferred Case: On the H4 chart, price is near our pivot of 1656'0 in line with horizontal overlap support and 38.2% Fibonacci retracement . Price can potentially rise to our 1st resistance level at 1747'2 in line with the horizontal swing high resistance and 78.6% Fibonacci retracement. Our bullish bias is supported by how price is moving above the ichimoku cloud .
Alternative scenario: Alternatively, price may head to our 1st support at 1625'6 in line with the 61.8% Fibonacci retracement level.
Fundamentals: No major news event.
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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.
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.