HGK2022 (Copper Futures) | H1 Bullish Pressure
Type : Bullish Pressure
Resistance : 4.8270
Pivot: 4.7060
Support : 4.6830
Preferred Case: Price is near pivot level of 4.7060 in line with 61.8% Fibonacci retracement . Price can potentially rise up to the 1st resistance level at 4.8120, in line with 138.2% Fibonacci extension and 61.8% Fibonacci projection . Our bullish bias is further supported by the stochastic indicator where it is at support level .
Alternative scenario: Price might also dip towards the 1st support level of 4.6830 in line 78.6% Fibonacci retracement and 78.6% Fibonacci projection .
Resistance : 4.8270
Pivot: 4.7060
Support : 4.6830
Preferred Case: Price is near pivot level of 4.7060 in line with 61.8% Fibonacci retracement . Price can potentially rise up to the 1st resistance level at 4.8120, in line with 138.2% Fibonacci extension and 61.8% Fibonacci projection . Our bullish bias is further supported by the stochastic indicator where it is at support level .
Alternative scenario: Price might also dip towards the 1st support level of 4.6830 in line 78.6% Fibonacci retracement and 78.6% Fibonacci projection .
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.