Type : Bearish Continuation
Resistance: 807'4
Pivot: 800'2
Support : 789'6
Preferred case: With price moving below the ichimoku cloud and the descending channel, we see a potential bearish continuation from our pivot level of 800'2 which is in line with 38.2% Fibonacci retracement and horizontal overlap resistance towards our 1st support level of 789'6 which is in line with the horizontal pullback support and 61.8% Fibonacci retracement.
Alternative scenario: Alternatively, price may break our pivot structure and head for 1st resistance level of 807'4 in line with 61.8% Fibonacci retracement and horizontal pullback resistance.
Fundamentals: No major news.
Resistance: 807'4
Pivot: 800'2
Support : 789'6
Preferred case: With price moving below the ichimoku cloud and the descending channel, we see a potential bearish continuation from our pivot level of 800'2 which is in line with 38.2% Fibonacci retracement and horizontal overlap resistance towards our 1st support level of 789'6 which is in line with the horizontal pullback support and 61.8% Fibonacci retracement.
Alternative scenario: Alternatively, price may break our pivot structure and head for 1st resistance level of 807'4 in line with 61.8% Fibonacci retracement and horizontal pullback resistance.
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.