Type : Bearish Reversal
Resistance: 778'0
Pivot: 772'6
Support : 762'0
Preferred case: We see the potential for a bearish reversal from our pivot at 772'6 in line with 61.8% Fibonacci retracement towards our 1st support at 762'0 in line with 78.6% Fibonacci retracement and 100% Fibonacci projection. Our bearish bias is supported by the stochastic indicator where price is trading at resistance level.
Alternative scenario: Alternatively, price may break our pivot structure and head for 1st resistance at 778'0 in line with 61.8% Fibonacci projection and 161.8% Fibonacci extension.
Fundamentals: No major news
Resistance: 778'0
Pivot: 772'6
Support : 762'0
Preferred case: We see the potential for a bearish reversal from our pivot at 772'6 in line with 61.8% Fibonacci retracement towards our 1st support at 762'0 in line with 78.6% Fibonacci retracement and 100% Fibonacci projection. Our bearish bias is supported by the stochastic indicator where price is trading at resistance level.
Alternative scenario: Alternatively, price may break our pivot structure and head for 1st resistance at 778'0 in line with 61.8% Fibonacci projection and 161.8% Fibonacci extension.
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.