Price is reversing from our Pivot point at 0.77685, in line with 78.6% fibonacci retracement, 127.2% fibonacci extension and horizontal graphical overlap. Where we could potentially see a drop from our pivot towards our 1st support level at 0.77101, in line with 50% fibonacci retracement and 61.8% fibonacci extension. It's worth noting that price is under the descending trendline, in line with our bearish analysis.
Pivot: 0.77685
Why we like it:
78.6% fibonacci retracement, 127.2% fibonacci extension and horizontal graphical overlap
1st Support: 0.77101
Why we like it:
50% fibonacci retracement and 61.8% fibonacci extension
1st Resistance: 0.78099
Why we like it:
127% fibonacci retracement, 161.8% fibonacci extension and horizontal graphical swing high
Trading FX & CFDs carries high risk.
Pivot: 0.77685
Why we like it:
78.6% fibonacci retracement, 127.2% fibonacci extension and horizontal graphical overlap
1st Support: 0.77101
Why we like it:
50% fibonacci retracement and 61.8% fibonacci extension
1st Resistance: 0.78099
Why we like it:
127% fibonacci retracement, 161.8% fibonacci extension and horizontal graphical swing high
Trading FX & CFDs carries high risk.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.