Type: Bearish Momentum
Resistance: 904'1
Pivot: 876'3
Support: 818'6
Preferred Case: The H4 price is breaking the descending channel and below ichimoku cloud , we have a bearish bias that the price may drop from the pivot at 876'3, where the 23.6% fibonaci retracement and overlap resistance are to the 1st support at 818'6, which is in line with the 61.8% fibonacci retracement and overlap support.
Alternative scenario: If there is a price reversal, price will move to 904'1, where the previous swing high and 50% fibonacci retracement are.
Fundamentals: There are no major news.
Resistance: 904'1
Pivot: 876'3
Support: 818'6
Preferred Case: The H4 price is breaking the descending channel and below ichimoku cloud , we have a bearish bias that the price may drop from the pivot at 876'3, where the 23.6% fibonaci retracement and overlap resistance are to the 1st support at 818'6, which is in line with the 61.8% fibonacci retracement and overlap support.
Alternative scenario: If there is a price reversal, price will move to 904'1, where the previous swing high and 50% fibonacci retracement are.
Fundamentals: There are 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
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.
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.