Dollar A.S. / Franc SwissPenjualan
#USDCHF, H4 approaching our Pivot, potential for a drop.
Description
Price is approaching our Pivot point at 0.90268, which is in line with 61.8% fibonacci retracement and moving average resistance. We could potentially see price drop from our Pivot point towards our 1st Support level at 0.89366, in line with our -27% fibonacci retracement and 88% fibonacci extension. It is worth noting that the price is under the moving average, in line with our bearish view.
Pivot: 0.90268
Why we like it:
61.8% fibonacci retracement and moving average resistance
1st Support: 0.89366
Why we like it:
-27% fibonacci retracement and 88% fibonacci extension
1st Resistance: 0.90973
Why we like it:
61.8% fibonacci retracement, 127% fibonacci extension and horizontal graphical overlap.
Trading FX & CFDs carries high risk.
Price is approaching our Pivot point at 0.90268, which is in line with 61.8% fibonacci retracement and moving average resistance. We could potentially see price drop from our Pivot point towards our 1st Support level at 0.89366, in line with our -27% fibonacci retracement and 88% fibonacci extension. It is worth noting that the price is under the moving average, in line with our bearish view.
Pivot: 0.90268
Why we like it:
61.8% fibonacci retracement and moving average resistance
1st Support: 0.89366
Why we like it:
-27% fibonacci retracement and 88% fibonacci extension
1st Resistance: 0.90973
Why we like it:
61.8% fibonacci retracement, 127% fibonacci extension and horizontal graphical overlap.
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.
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.