Type: Bearish drop
Resistance : 14644
Pivot: 14099
Support : 12558
Preferred case: We see the potential for a further bearish drop from our Pivot at 14099 in line swing high resistance and 78.6% Fibonacci retracement towards our 1st support at 12558 in line with the swing low support. Our bearish bias is further supported prices trading below our ichimoku clouds .
Alternative scenario: If prices were to reverse, they can potentially climb towards our 1st resistance at 14644 which is in line with the swing high resistance.
Fundamentals: With the concerns over the war in Ukraine, European stocks are expected to trade lower.
Resistance : 14644
Pivot: 14099
Support : 12558
Preferred case: We see the potential for a further bearish drop from our Pivot at 14099 in line swing high resistance and 78.6% Fibonacci retracement towards our 1st support at 12558 in line with the swing low support. Our bearish bias is further supported prices trading below our ichimoku clouds .
Alternative scenario: If prices were to reverse, they can potentially climb towards our 1st resistance at 14644 which is in line with the swing high resistance.
Fundamentals: With the concerns over the war in Ukraine, European stocks are expected to trade lower.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.