Type: Bearish Reversal
Resistance: 2645
Pivot: 2607
Support: 2557
Preferred case: We see the potential for a bearish reversal from our pivot level at 2607 which is in line with 38.2% Fibonacci retracement and 100% Fibonacci projection towards our 1st support level at 2557 which is in line with 100% Fibonacci projection along with a graphical swing low support. Our bearish bias is further supported by price trading below the Ichimoku cloud indicator.
Alternative scenario: Alternatively, the price might break our pivot structure and head for 1st resistance level at 2645 in line with 61.8% Fibonacci retracement .
Fundamentals: No major news.
Resistance: 2645
Pivot: 2607
Support: 2557
Preferred case: We see the potential for a bearish reversal from our pivot level at 2607 which is in line with 38.2% Fibonacci retracement and 100% Fibonacci projection towards our 1st support level at 2557 which is in line with 100% Fibonacci projection along with a graphical swing low support. Our bearish bias is further supported by price trading below the Ichimoku cloud indicator.
Alternative scenario: Alternatively, the price might break our pivot structure and head for 1st resistance level at 2645 in line with 61.8% 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
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。