Live Cattle Futures (LE1!), H4 Potential for Bullish Rise
Title: Live Cattle Futures ( LE1! ), H4 Potential for Bullish Rise
Type : Bullish rise
Resistance : 147.900
Pivot: 144.275
Support : 141.100
Preferred Case: On the H4, with price moving along the ascending trendline and above the ichimoku indicator, we have a bullish bias that price will rise from the pivot at 144.275 to the 1st resistance at 147.900 where the 127.2% fibonacci extension is.
Alternative scenario: Alternatively, price could break pivot structure and drop to the 1st support at 141.100 where the overlap support is.
Fundamentals: No Major News
Type : Bullish rise
Resistance : 147.900
Pivot: 144.275
Support : 141.100
Preferred Case: On the H4, with price moving along the ascending trendline and above the ichimoku indicator, we have a bullish bias that price will rise from the pivot at 144.275 to the 1st resistance at 147.900 where the 127.2% fibonacci extension is.
Alternative scenario: Alternatively, price could break pivot structure and drop to the 1st support at 141.100 where the overlap support is.
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.