Type : Bearish Continuation
Resistance: 1662'6
Pivot: 1653'4
Support : 1626'2
Preferred case: With price moving below the ichimoku cloud, we see a potential bearish continuation from our pivot level of 1653'4 which is in line with 38.2% Fibonacci retracement and horizontal pullback resistance towards our 1st support level of 1626'2 which is in line with the horizontal swing low support.
Alternative scenario: Alternatively, price may break our pivot structure and head for 1st resistance level of 1662'6 in line with 50% Fibonacci retracement and horizontal pullback resistance.
Fundamentals: No major news.
Resistance: 1662'6
Pivot: 1653'4
Support : 1626'2
Preferred case: With price moving below the ichimoku cloud, we see a potential bearish continuation from our pivot level of 1653'4 which is in line with 38.2% Fibonacci retracement and horizontal pullback resistance towards our 1st support level of 1626'2 which is in line with the horizontal swing low support.
Alternative scenario: Alternatively, price may break our pivot structure and head for 1st resistance level of 1662'6 in line with 50% Fibonacci retracement and horizontal pullback resistance.
Fundamentals: No major news.
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.
