Title: E-MINI RUSSELL 2000 INDEX FUTURES (RTY1!), H4 Potential for Bullish Rise
Type : Bullish Rise
Resistance : 1791.8
Pivot: 1701.4
Support : 1643.8
Preferred Case: On the H4, with price moving in an ascending trendline, we have a bullish bias that price will rise from the pivot at 1701.4 at the overlap support in line with the 78.6% fibonacci projection to the resistance at the swing high at 1791.6 in line with the 50% fibonacci retracement and 78.6% fibonacci projection.
Alternative scenario: Alternatively, price may break support structure at the pivot and drop to the support at 1643.8 at the swing low in line with the 61.8% fibonacci projection .
Fundamentals: No major news
Type : Bullish Rise
Resistance : 1791.8
Pivot: 1701.4
Support : 1643.8
Preferred Case: On the H4, with price moving in an ascending trendline, we have a bullish bias that price will rise from the pivot at 1701.4 at the overlap support in line with the 78.6% fibonacci projection to the resistance at the swing high at 1791.6 in line with the 50% fibonacci retracement and 78.6% fibonacci projection.
Alternative scenario: Alternatively, price may break support structure at the pivot and drop to the support at 1643.8 at the swing low in line with the 61.8% fibonacci projection .
Fundamentals: No major news
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.