NASDAQ 100 E-MINI FUTURES (NQ1!), H1 Potential for Bullish Rise
Type : Bullish Rise
Resistance : 12261.50
Pivot: 11973.00
Support : 11745.25
Preferred Case: On the H4, with price moving above the ichimoku cloud and has broken through the descending trendline, we have a bullish bias that price will rise to the pivot at 11973.00 in line with the pullback resistance and 78.6% fibonacci retracement . Once we have upside confirmation that price has broken past pivot , we would expect bullish momentum to carry price to the 1st resistance at 12261.50 where the swing high resistance and 100% fibonacci projection are.
Alternative scenario: Alternatively, price may drop to the 1st support level at 11745.25 in line with the pullback support, 38.2% fibonacci retracement and 61.8% fibonacci projection .
Fundamentals: No Major News
Resistance : 12261.50
Pivot: 11973.00
Support : 11745.25
Preferred Case: On the H4, with price moving above the ichimoku cloud and has broken through the descending trendline, we have a bullish bias that price will rise to the pivot at 11973.00 in line with the pullback resistance and 78.6% fibonacci retracement . Once we have upside confirmation that price has broken past pivot , we would expect bullish momentum to carry price to the 1st resistance at 12261.50 where the swing high resistance and 100% fibonacci projection are.
Alternative scenario: Alternatively, price may drop to the 1st support level at 11745.25 in line with the pullback support, 38.2% fibonacci retracement and 61.8% fibonacci projection .
Fundamentals: No Major News
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.