GBPUSD, H4 bounced from our Pivot point, potential for a long.

56
Description:
Price has bounced from our Pivot point at 1.39244, in line with 38.2% fibonacci retracement, 61.8% fibonacci extension, ascending trendline and horizontal graphical support. Where we could potentially see a further rise from our pivot towards our 1st resistance level at 1.40063, in line with 127%, 61.8% fibonacci extension and horizontal swing high.

Pivot: 1.39244
Why we like it:
38.2% fibonacci retracement, 61.8% fibonacci extension, ascending trendline and horizontal graphical support

1st Support: 1.38621
Why we like it:
78.6% fibonacci retracement, 61.8% fibonacci extension and horizontal graphical swing low

1st Resistance: 1.40063
Why we like it:
127%, 61.8% fibonacci extension and horizontal swing high.

Trading FX & CFDs carries high risk.

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.