Type: Bearish Momentum
Resistance: 7.520
Pivot: 6.900
Support: 6.310
Preferred Case: The H4 price is in a downward trend. The price may drop form the pivot at 6.900 to the 1st support at 6.310 where the 78.6% retracement and swing low sits
Alternative scenario: If there is a price reversal, price will move to 7.520, where the 38.2% Fibonacci and 78.6% projection.
Fundamentals: There are no major news.
Resistance: 7.520
Pivot: 6.900
Support: 6.310
Preferred Case: The H4 price is in a downward trend. The price may drop form the pivot at 6.900 to the 1st support at 6.310 where the 78.6% retracement and swing low sits
Alternative scenario: If there is a price reversal, price will move to 7.520, where the 38.2% Fibonacci and 78.6% projection.
Fundamentals: There are no major news.
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
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.
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
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.