USDCHF, H4 bounced our Pivot, potential for a rise.
Description
Price has bounced from our Pivot point at 0.92453, which is in line with 78.6% fibonacci retracement, 127% fibonacci extension and horizontal swing low. We could potentially see price rise from our Pivot point towards our 1st resistance level at 0.93246, in line with 38.2%, 127%, -61.8% fibonacci retracement, 88% fibonacci extension and ascending trendline resistance. It is worth noting that price has broken the ascending trendline and may show a short-term pullback towards it.
Pivot: 0.92453
Why we like it:
78.6% fibonacci retracement, 127% fibonacci extension and horizontal swing low
1st Support: 0.92046
Why we like it:
161.8% fibonacci retracement, 161.8% fibonacci extension and horizontal graphical overlap.
1st Resistance: 0.93246
Why we like it:
38.2%, 127%, -61.8% fibonacci retracement, 88% fibonacci extension and ascending trendline resistance
Trading FX & CFDs carries high risk.
Price has bounced from our Pivot point at 0.92453, which is in line with 78.6% fibonacci retracement, 127% fibonacci extension and horizontal swing low. We could potentially see price rise from our Pivot point towards our 1st resistance level at 0.93246, in line with 38.2%, 127%, -61.8% fibonacci retracement, 88% fibonacci extension and ascending trendline resistance. It is worth noting that price has broken the ascending trendline and may show a short-term pullback towards it.
Pivot: 0.92453
Why we like it:
78.6% fibonacci retracement, 127% fibonacci extension and horizontal swing low
1st Support: 0.92046
Why we like it:
161.8% fibonacci retracement, 161.8% fibonacci extension and horizontal graphical overlap.
1st Resistance: 0.93246
Why we like it:
38.2%, 127%, -61.8% fibonacci retracement, 88% fibonacci extension and ascending trendline resistance
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.
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.