USDCHF, H4 bounced our Pivot, potential for a rise.
Description
Price has bounced from our Pivot point at 0.94202, which is in line with 127%, 50% fibonacci retracement, 61.8%, 100% fibonacci extension and horizontal graphical overlap. We could potentially see price rise from our Pivot point towards our 1st resistance level at 0.94827, in line with 161.8% fibonacci retracement and 161.8%, 100% fibonacci extension. It is worth noting that price is above the Ichimoku cloud, in line with our bullish analysis.
Pivot: 0.94202
Why we like it:
127%, 50% fibonacci retracement, 61.8%, 100% fibonacci extension and horizontal graphical overlap
1st Support: 0.93819
Why we like it:
127%, 50% fibonacci retracement, 100% fibonacci extension and horizontal graphical overlap.
1st Resistance: 0.94827
Why we like it:
88% fibonacci retracement,161.8% fibonacci extension and horizontal graphical overlap.
Trading FX & CFDs carries high risk.
Price has bounced from our Pivot point at 0.94202, which is in line with 127%, 50% fibonacci retracement, 61.8%, 100% fibonacci extension and horizontal graphical overlap. We could potentially see price rise from our Pivot point towards our 1st resistance level at 0.94827, in line with 161.8% fibonacci retracement and 161.8%, 100% fibonacci extension. It is worth noting that price is above the Ichimoku cloud, in line with our bullish analysis.
Pivot: 0.94202
Why we like it:
127%, 50% fibonacci retracement, 61.8%, 100% fibonacci extension and horizontal graphical overlap
1st Support: 0.93819
Why we like it:
127%, 50% fibonacci retracement, 100% fibonacci extension and horizontal graphical overlap.
1st Resistance: 0.94827
Why we like it:
88% fibonacci retracement,161.8% fibonacci extension and horizontal graphical overlap.
Trading FX & CFDs carries high risk.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.