USDCHF, H4 has passed our Pivot, potential for a rise.
Description
Price has passed our Pivot point at 0.90440, which is in line with 88%, 100% Fibonacci extension and horizontal graphical overlap. We could potentially see price rise from our Pivot point towards our 1st resistance level at 0.90951, a fibonacci confluence. It is worth noting that the price is above the Ichomoku cloud and MACD is above the 0 line, in line with our bullish analysis.
Pivot: 0.90440
Why we like it:
88%, 100% Fibonacci extension and horizontal graphical overlap
1st Support: 0.90951
Why we like it:
-27% fibonacci retracement and 161.8% fibonacci extension
1st Resistance: 0.90140
Why we like it:
78.6% fibonacci retracement, 61.8%, 61.8% fibonacci extension and horizontal graphical overlap.
Trading FX & CFDs carries high risk.
Price has passed our Pivot point at 0.90440, which is in line with 88%, 100% Fibonacci extension and horizontal graphical overlap. We could potentially see price rise from our Pivot point towards our 1st resistance level at 0.90951, a fibonacci confluence. It is worth noting that the price is above the Ichomoku cloud and MACD is above the 0 line, in line with our bullish analysis.
Pivot: 0.90440
Why we like it:
88%, 100% Fibonacci extension and horizontal graphical overlap
1st Support: 0.90951
Why we like it:
-27% fibonacci retracement and 161.8% fibonacci extension
1st Resistance: 0.90140
Why we like it:
78.6% fibonacci retracement, 61.8%, 61.8% 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.
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.