USDCAD, H4 is approaching our Pivot, potential for a drop.
Description:
Price is approaching our Pivot point at 1.25488, which is in line with 38.2%, 61.8% fibonacci retracement, 100% fibonacci extension and horizontal graphical overlap. We could potentially see price drop here towards our 1st support level at 1.24749, in line with 61.8% fibonacci retracement, 100% fibonacci extension and horizontal swing low support. It is worth noting that price is under the Ichimoku clouds, in line with our bearish analysis.
Pivot: 1.25488
Why we like it:
38.2%, 61.8% fibonacci retracement, 100% fibonacci extension and horizontal graphical overlap
1st Support: 1.24749
Why we like it:
61.8% fibonacci retracement, 100% fibonacci extension and horizontal swing low support
1st Resistance: 1.25805
Why we like it:
161.8% Fibonacci extension and Ichimoku cloud resistance.
Trading FX & CFDs carries high risk.
Price is approaching our Pivot point at 1.25488, which is in line with 38.2%, 61.8% fibonacci retracement, 100% fibonacci extension and horizontal graphical overlap. We could potentially see price drop here towards our 1st support level at 1.24749, in line with 61.8% fibonacci retracement, 100% fibonacci extension and horizontal swing low support. It is worth noting that price is under the Ichimoku clouds, in line with our bearish analysis.
Pivot: 1.25488
Why we like it:
38.2%, 61.8% fibonacci retracement, 100% fibonacci extension and horizontal graphical overlap
1st Support: 1.24749
Why we like it:
61.8% fibonacci retracement, 100% fibonacci extension and horizontal swing low support
1st Resistance: 1.25805
Why we like it:
161.8% Fibonacci extension and Ichimoku cloud resistance.
Trading FX & CFDs carries high risk.
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。