Title: Copper Futures ( HG1! ), H4 Potential for Bearish Drop
Type: Bearish Drop
Resistance: 4.1130
Pivot: 4.0145
Support: 3.8945
Preferred case: Looking at the H4 chart, my overall bias for HG1! is bearish due to the current price being below the Ichimoku cloud , indicating a bearish market.
Expecting price to drop from the pivot at 4.0145 where the overlap resistance and 23.6% Fibonacci line is before continue heading down towards the support at 3.8945, where the overlap support is.
It's worth noting that there is an intermediate support at 3.9245, where price might struggle to break through
Alternative scenario: Price could head up towards the resistance at 4.1130, where the overlap resistance and 61.8% Fibonacci line is.
Fundamentals: There are no major news.
Type: Bearish Drop
Resistance: 4.1130
Pivot: 4.0145
Support: 3.8945
Preferred case: Looking at the H4 chart, my overall bias for HG1! is bearish due to the current price being below the Ichimoku cloud , indicating a bearish market.
Expecting price to drop from the pivot at 4.0145 where the overlap resistance and 23.6% Fibonacci line is before continue heading down towards the support at 3.8945, where the overlap support is.
It's worth noting that there is an intermediate support at 3.9245, where price might struggle to break through
Alternative scenario: Price could head up towards the resistance at 4.1130, where the overlap resistance and 61.8% Fibonacci line is.
Fundamentals: There are no major news.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.