Type : Bullish Rise
Resistance : 14213
Pivot: 13782
Support : 13670
Preferred Case: On the H4, with price moving above the ichimoku indicator and along an ascending channel , we have a bullish bias that price will rise from the pivot at 13782 where the pullback support and 23.6% fibonacci retracement are to the 1st resistance at 14213 in line with 78.6% fibonacci retracement and 100% fibonacci projection .
Alternative scenario: Alternatively, price could break pivot structure and drop to 1st support at 13670 where the pullback support, 61.8% fibonacci projection and 50% fibonacci retracement are.
Fundamentals: As the US Consumer Inflation eases, we have a bullish view on DAX Index .
Resistance : 14213
Pivot: 13782
Support : 13670
Preferred Case: On the H4, with price moving above the ichimoku indicator and along an ascending channel , we have a bullish bias that price will rise from the pivot at 13782 where the pullback support and 23.6% fibonacci retracement are to the 1st resistance at 14213 in line with 78.6% fibonacci retracement and 100% fibonacci projection .
Alternative scenario: Alternatively, price could break pivot structure and drop to 1st support at 13670 where the pullback support, 61.8% fibonacci projection and 50% fibonacci retracement are.
Fundamentals: As the US Consumer Inflation eases, we have a bullish view on DAX Index .
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
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.