Description
Price is bouncing from our Pivot point at 1914.83 which is in line with our 23.8%, 61.8% Fibonacci retracement and 88% fibonacci extension. We could potentially see price rise from our Pivot point towards our 1st resistance level at 1947, which is in line with 78.6% fibonacci retracement and 61.8% fibonacci extension. It is worth noting that price is trending above the Ichimoku cloud and ascending trendline, in line with our bullish analysis. Lastly, Stochastics is also showing a trend above the ascending support line.
Pivot: 1914.83
Why we like it:
23.8%, 61.8% Fibonacci retracement and 88% fibonacci extension
1st Support: 1903.67
Why we like it:
78.6% fibonacci retracement and 61.8% fibonacci extension
1st Resistance: 1947
Why we like it:
78.6% fibonacci retracement and horizontal graphical overlap
Trading FX & CFDs carries high risk.
Price is bouncing from our Pivot point at 1914.83 which is in line with our 23.8%, 61.8% Fibonacci retracement and 88% fibonacci extension. We could potentially see price rise from our Pivot point towards our 1st resistance level at 1947, which is in line with 78.6% fibonacci retracement and 61.8% fibonacci extension. It is worth noting that price is trending above the Ichimoku cloud and ascending trendline, in line with our bullish analysis. Lastly, Stochastics is also showing a trend above the ascending support line.
Pivot: 1914.83
Why we like it:
23.8%, 61.8% Fibonacci retracement and 88% fibonacci extension
1st Support: 1903.67
Why we like it:
78.6% fibonacci retracement and 61.8% fibonacci extension
1st Resistance: 1947
Why we like it:
78.6% fibonacci retracement and horizontal graphical overlap
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.