Type : Bullish continuation
Resistance : 780'0
Pivot: 729'0
Support : 719'0
Preferred Case: With price moving the ichimoku cloud, we have a bullish bias that price will rise to our 1st resistance at 780'0 in line with the horizontal swing resistance from our pivot of 729'0 in line with the 78.6% Fibonacci retracement and horizontal swing low support.
Alternative scenario: Alternatively, price may break our pivot structure and head for 1st support at 719'0 in line with the 50% Fibonacci retracement.
Fundamentals: No major news event.
Resistance : 780'0
Pivot: 729'0
Support : 719'0
Preferred Case: With price moving the ichimoku cloud, we have a bullish bias that price will rise to our 1st resistance at 780'0 in line with the horizontal swing resistance from our pivot of 729'0 in line with the 78.6% Fibonacci retracement and horizontal swing low support.
Alternative scenario: Alternatively, price may break our pivot structure and head for 1st support at 719'0 in line with the 50% Fibonacci retracement.
Fundamentals: No major news event.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
