USDCHF, H4 bounced our Pivot, potential for a rise.
Description
Price has bounced from our Pivot point at 0.93553, which is in line with 50% fibonacci retracement, 127% fibonacci extension and horizontal graphical overlap. We could potentially see price rise from our Pivot point towards our 1st resistance level at 0.94482, in line with 78.6% fibonacci retracement, 88% fibonacci extension and horizontal swing high resistance. It is worth noting that price has been making higher highs, and higher lows, in line with our bullish analysis.
Pivot: 0.93553
Why we like it:
50% fibonacci retracement, 127% fibonacci extension and horizontal graphical overlap
1st Support: 0.93178
Why we like it:
161.8%, 61.8% fibonacci retracement and horizontal graphical overlap.
1st Resistance: 0.94482
Why we like it:
78.6% fibonacci retracement, 88% fibonacci extension and horizontal swing high resistance
Trading FX & CFDs carries high risk.
Price has bounced from our Pivot point at 0.93553, which is in line with 50% fibonacci retracement, 127% fibonacci extension and horizontal graphical overlap. We could potentially see price rise from our Pivot point towards our 1st resistance level at 0.94482, in line with 78.6% fibonacci retracement, 88% fibonacci extension and horizontal swing high resistance. It is worth noting that price has been making higher highs, and higher lows, in line with our bullish analysis.
Pivot: 0.93553
Why we like it:
50% fibonacci retracement, 127% fibonacci extension and horizontal graphical overlap
1st Support: 0.93178
Why we like it:
161.8%, 61.8% fibonacci retracement and horizontal graphical overlap.
1st Resistance: 0.94482
Why we like it:
78.6% fibonacci retracement, 88% fibonacci extension and horizontal swing high 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.