Type : Bullish Rise
Resistance : 21735
Pivot: 20000
Support : 18330
Preferred Case: On the H4, price has pulled back but we're looking for a reversal at 20000 where the 61.8% retracement and 78.6% projection sits. If price still respects the ichimoku as well as the bullish breakout, it should bring price to 21735 where the previous swing high sits
Alternative scenario: Alternatively, price could break pivot structure and drop to the 1st support at 18330 where the previous swing low sits
Fundamentals: Short term drop due to August US CPI data reflecting higher data than forecasted causing USD to strengthen
Resistance : 21735
Pivot: 20000
Support : 18330
Preferred Case: On the H4, price has pulled back but we're looking for a reversal at 20000 where the 61.8% retracement and 78.6% projection sits. If price still respects the ichimoku as well as the bullish breakout, it should bring price to 21735 where the previous swing high sits
Alternative scenario: Alternatively, price could break pivot structure and drop to the 1st support at 18330 where the previous swing low sits
Fundamentals: Short term drop due to August US CPI data reflecting higher data than forecasted causing USD to strengthen
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.