Type : Bullish bounce
Resistance : 1751'4
Pivot: 1639'6
Support :1581'4
Preferred case: With price moving above the ichimoku cloud , we see the potential for a bounce from our Pivot at 1694'2 in line with 38.2% Fibonacci retracement towards our 1st resistance at 1757'4 in line with horizontal swing high resistance.
Alternative scenario: Alternatively, price can potentially dip towards our 1st support at 1646'4 which is a graphical swing low and also in line with 78.6% Fibonacci retracement .
Fundamentals: No major news.
Resistance : 1751'4
Pivot: 1639'6
Support :1581'4
Preferred case: With price moving above the ichimoku cloud , we see the potential for a bounce from our Pivot at 1694'2 in line with 38.2% Fibonacci retracement towards our 1st resistance at 1757'4 in line with horizontal swing high resistance.
Alternative scenario: Alternatively, price can potentially dip towards our 1st support at 1646'4 which is a graphical swing low and also in line with 78.6% Fibonacci retracement .
Fundamentals: 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.