Type : Bullish Bounce
Resistance : 2639
Pivot: 2552
Support : 2500
Preferred Case: Price is near pivot level of 2552 in line with 50% Fibonacci retracement and 78.6% Fibonacci projection. Price can potentially bounce up to the 1st resistance level of 2639, in line with 78.6% Fibonacci projection, along with a graphical swing high resistance. Our bullish bias is further supported by stochastic indicator where price is near resistance level.
Alternative scenario: Price might continue to drop towards the 1st support level of 2500 in line with 78.6% Fibonacci projection.
Fundamentals: No Major News
Resistance : 2639
Pivot: 2552
Support : 2500
Preferred Case: Price is near pivot level of 2552 in line with 50% Fibonacci retracement and 78.6% Fibonacci projection. Price can potentially bounce up to the 1st resistance level of 2639, in line with 78.6% Fibonacci projection, along with a graphical swing high resistance. Our bullish bias is further supported by stochastic indicator where price is near resistance level.
Alternative scenario: Price might continue to drop towards the 1st support level of 2500 in line with 78.6% Fibonacci projection.
Fundamentals: No Major News
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.