Type : Bearish Momentum
Resistance : 0.62475
Pivot: 0.61855
Support : 0.61190
Preferred Case: On the H1, with price moving below the ichimoku cloud and within the descending channel , we have a bearish bias that price will rise and drop from the pivot at 0.61855 in line with the pullback resistance, 78.6% fibonacci projection, 61.8% fibonacci projection and 50% fibonacci retracement to the 1st support at 0.61190 where the 127.2% fibonacci extension and 61.8% fibonacci projection are.
Alternative scenario: Alternatively, price may break pivot structure and rise to the 1st resistance at 0.62475 where the swing high resistance and 127.2% fibonacci extension are.
Fundamentals: No Major News
Resistance : 0.62475
Pivot: 0.61855
Support : 0.61190
Preferred Case: On the H1, with price moving below the ichimoku cloud and within the descending channel , we have a bearish bias that price will rise and drop from the pivot at 0.61855 in line with the pullback resistance, 78.6% fibonacci projection, 61.8% fibonacci projection and 50% fibonacci retracement to the 1st support at 0.61190 where the 127.2% fibonacci extension and 61.8% fibonacci projection are.
Alternative scenario: Alternatively, price may break pivot structure and rise to the 1st resistance at 0.62475 where the swing high resistance and 127.2% fibonacci extension are.
Fundamentals: No Major News
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.