Type: Bullish Momentum
Resistance: 1031'1
Pivot: 938'1
Support: 897'0
Preferred Case: The price is crossing the ichimoku cloud and moving within the ascending channel , we have a bullish bias that the price may rise from the pivot at 938'1, which is in line with the 38.2% fibonacci retracement to the 1st resistance at 1031'1, which is in line with the 50% Fibonacci retracement .
Alternative scenario: If bearish momentum persists, expect price drop to the 1st support at 897'0, where the 23.6% fibonacci retracement is.
Fundamentals: There is no major news.
Resistance: 1031'1
Pivot: 938'1
Support: 897'0
Preferred Case: The price is crossing the ichimoku cloud and moving within the ascending channel , we have a bullish bias that the price may rise from the pivot at 938'1, which is in line with the 38.2% fibonacci retracement to the 1st resistance at 1031'1, which is in line with the 50% Fibonacci retracement .
Alternative scenario: If bearish momentum persists, expect price drop to the 1st support at 897'0, where the 23.6% fibonacci retracement is.
Fundamentals: There is 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.
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.