NQ1! H4 | Bearish Dip
Price has recently broken through a key support level and near pivot level of 12949 in line with 161.8% Fibonacci projection . Price can potentially rise to our resistance at 13673 in line with the horizontal overlap resistance . Our bullish bias is supported by how price is at the support of both the descending channel and the stochastics indicator.
Alternative scenario: Price may go to 1st support level of 12767 in line with the daily support level .
Alternative scenario: Price may go to 1st support level of 12767 in line with the daily support level .
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
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.