Type : Bearish Continuation
Resistance : 1697'0
Pivot: 1685'0
Support : 1667'2
Preferred Case: With price moving below the ichimoku cloud , we have a bearish bias that price will drop to our 1st support at 1667'2 in line with the 78.6% fibonacci projection and swing low support from our pivot at 1685'0 in line with the horizontal overlap resistance,38.2% fibonacci retracement and 61.8% fibonacci retracement .
Alternative scenario: Alternatively, price may break pivot structure and head for 1st resistance at 1697'0 in line with the overlap resistance and 61.8% fibonacci retracement.
Fundamentals: No Major News
Resistance : 1697'0
Pivot: 1685'0
Support : 1667'2
Preferred Case: With price moving below the ichimoku cloud , we have a bearish bias that price will drop to our 1st support at 1667'2 in line with the 78.6% fibonacci projection and swing low support from our pivot at 1685'0 in line with the horizontal overlap resistance,38.2% fibonacci retracement and 61.8% fibonacci retracement .
Alternative scenario: Alternatively, price may break pivot structure and head for 1st resistance at 1697'0 in line with the overlap resistance and 61.8% fibonacci retracement.
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.