Type : Bearish Drop
Resistance : 1.0314
Pivot: 1.0151
Support : 1.0005
Preferred Case: On the H4, as the price is below descending trendline and the MACD indicators are below zero, we have a bearish bias that price may drop from the pivot at 1.0151 where the 61.8% fibonacci retracement is to the 1st support at 1.0005, which is in line with swing low.
Alternative scenario: Alternatively, price could rise to 1st resistance at 1.0314 where the 61.8% fibonacci retracement is.
Fundamentals: Rhine River, a pillar of the German, Dutch and Swiss economies for centuries is set to become virtually impassable at a key waypoint later this week, which impacted the transport of diesel and coal.
Resistance : 1.0314
Pivot: 1.0151
Support : 1.0005
Preferred Case: On the H4, as the price is below descending trendline and the MACD indicators are below zero, we have a bearish bias that price may drop from the pivot at 1.0151 where the 61.8% fibonacci retracement is to the 1st support at 1.0005, which is in line with swing low.
Alternative scenario: Alternatively, price could rise to 1st resistance at 1.0314 where the 61.8% fibonacci retracement is.
Fundamentals: Rhine River, a pillar of the German, Dutch and Swiss economies for centuries is set to become virtually impassable at a key waypoint later this week, which impacted the transport of diesel and coal.
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면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.