EURUSD, H4 is testing our Pivot point, potential for a drop.
Price is testing our Pivot point at 1.19032, in line with 61.8%, 50% Fibonacci retracement, 78.6% fibonacci extension, Ichimoku cloud resistance and horizontal graphical area, where we could potentially see a drop from our pivot towards our 1st support level at 1.18239, which is in line with -61.8% fibonacci retracement, 61.8%, 161.8% fibonacci extension, and horizontal swing low support. Note that price has broken out of the Ichimoku cloud showing bearish pressure, in line with our analysis.
Pivot: 1.19032
Why we like it:
61.8%, 50% Fibonacci retracement, 78.6% fibonacci extension, Ichimoku cloud resistance and horizontal graphical area
1st Support: 1.18239
Why we like it:
-61.8% fibonacci retracement, 61.8%, 161.8% fibonacci extension, and horizontal swing low support.
1st Resistance: 1.19866
Why we like it:
161.8% fibonacci retracement, 61.8% Fibonacci extension and horizontal graphical resistance.
Trading FX & CFDs carries high risk.
Pivot: 1.19032
Why we like it:
61.8%, 50% Fibonacci retracement, 78.6% fibonacci extension, Ichimoku cloud resistance and horizontal graphical area
1st Support: 1.18239
Why we like it:
-61.8% fibonacci retracement, 61.8%, 161.8% fibonacci extension, and horizontal swing low support.
1st Resistance: 1.19866
Why we like it:
161.8% fibonacci retracement, 61.8% Fibonacci extension and horizontal graphical resistance.
Trading FX & CFDs carries high risk.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.