Title: Nasdaq 100 Futures ( NQ1! ), H4 Potential for Bullish Rise
Type: Bullish Rise
Resistance: 12339.00
Pivot: 11465.00
Support: 10758.75
Preferred case: Looking at the H4 chart, my overall bias for CL1! is bullish due to the current price crossing above the Ichimoku cloud , indicating a bullish market. If this bullish momentum continues, expect price to continue heading towards the resistance at 12339.00, where the previous swing high is.
Alternative scenario: Price may break the pivot at 11465.00, where the 50% Fibonacci line is, before heading towards the support 10758.75, where the previous swing low is.
Fundamentals: There are no major news.
Type: Bullish Rise
Resistance: 12339.00
Pivot: 11465.00
Support: 10758.75
Preferred case: Looking at the H4 chart, my overall bias for CL1! is bullish due to the current price crossing above the Ichimoku cloud , indicating a bullish market. If this bullish momentum continues, expect price to continue heading towards the resistance at 12339.00, where the previous swing high is.
Alternative scenario: Price may break the pivot at 11465.00, where the 50% Fibonacci line is, before heading towards the support 10758.75, where the previous swing low is.
Fundamentals: There are 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
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.
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.