Description
Price is approaching our Pivot point at 1801.64, which is in line with our 78.6%, -27% Fibonacci retracement, 61.8%, 78.6% fibonacci extension, and horizontal graphical overlap. We could potentially see price drop from our Pivot point towards our 1st support level at 1771.16, which is in line with 127% fibonacci retracement, 100% and 161.8% fibonacci extension. Its noteworthy price is trending under the descending trendline, in line with our bearish view.
Pivot: 1801.64
Why we like it:
78.6%, -27% Fibonacci retracement, 61.8%, 78.6% fibonacci extension, and horizontal graphical overlap
1st Support: 1771.16
Why we like it:
127% fibonacci retracement, 100% and 161.8% fibonacci extension
1st Resistance: 1812.32
Why we like it:
61.8% fibonacci retracement, 50% fibonacci extension and horizontal graphical overlap resistance.
Trading FX & CFDs carries high risk.
Price is approaching our Pivot point at 1801.64, which is in line with our 78.6%, -27% Fibonacci retracement, 61.8%, 78.6% fibonacci extension, and horizontal graphical overlap. We could potentially see price drop from our Pivot point towards our 1st support level at 1771.16, which is in line with 127% fibonacci retracement, 100% and 161.8% fibonacci extension. Its noteworthy price is trending under the descending trendline, in line with our bearish view.
Pivot: 1801.64
Why we like it:
78.6%, -27% Fibonacci retracement, 61.8%, 78.6% fibonacci extension, and horizontal graphical overlap
1st Support: 1771.16
Why we like it:
127% fibonacci retracement, 100% and 161.8% fibonacci extension
1st Resistance: 1812.32
Why we like it:
61.8% fibonacci retracement, 50% fibonacci extension and horizontal graphical overlap resistance.
Trading FX & CFDs carries high risk.
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.