Mulai
VantageMarkets

#GBPUSD approaching pivot, potential for a drop!

Penjualan
Pound Inggris / Dollar AS (FX:GBPUSD)  
VantageMarkets Broker  
FX:GBPUSD   Pound Inggris / Dollar AS
Trend Analysis Harmonic Patterns Chart Patterns
9
1
trendanalysis harmonicpatterns chartpattern

Description

Price is reacting below our pivot level at 1.37517 which is in line with 61.8% Fibonacci retracement level, 100% Fibonacci extension level & horizontal overlap resistance. Price can potentially take support at 1.37517, which is in line with 61.8% Fibonacci extension level & horizontal swing low support. Alternatively, price may rise up to our resistance at 1.38454, which coincides with 78.6% Fibonacci retracement level, 161.8% Fibonacci extension level & horizontal overlap resistance . This is further supported by how price is now holding below the Ichimoku cloud resistance.

Pivot:
1.37517

Why we like it:
61.8% Fibonacci retracement level, 100% Fibonacci extension level & horizontal overlap resistance

1st Support:
1.37517
61.8% Fibonacci extension level & horizontal swing low support

1st Resistance:
1.38454
78.6% Fibonacci retracement level, 161.8% Fibonacci extension level & horizontal overlap resistance
Trading FX & CFDs carries high risk.
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.