Type : Bullish Continuation
Resistance : 2708
Pivot: 2523
Support : 2452
Preferred case: We see the potential for bullish continuation from our Pivot level at 2523 in line 23.8% Fibonacci retracement towards our 1st Resistance at 2708 in line with 61.8% Fibonacci retracement and 100% Fibonacci projection . Our bullish bias is further supported by the stochastic indicator where price trading near the support level .
Alternative scenario: If price continues to drop, it can potentially move towards our 1st Support level at 2452 which is in line with 61.8% Fibonacci projection .
Fundamentals: No Major News.
Resistance : 2708
Pivot: 2523
Support : 2452
Preferred case: We see the potential for bullish continuation from our Pivot level at 2523 in line 23.8% Fibonacci retracement towards our 1st Resistance at 2708 in line with 61.8% Fibonacci retracement and 100% Fibonacci projection . Our bullish bias is further supported by the stochastic indicator where price trading near the support level .
Alternative scenario: If price continues to drop, it can potentially move towards our 1st Support level at 2452 which is in line with 61.8% Fibonacci projection .
Fundamentals: 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
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.