Description
Price broke out of the descending trendline resistance, signifying an overall bullish momentum. We can expect price to bounce from pivot level at 0.92290 in line with 100% Fibonacci projection and 50% Fibonacci retracement towards 1st Resistance at 0.93040 in line with 127.2% Fibonacci projection. Our bullish bias is further supported by the price...
Description :
On the H4, price is reacting below our 1st resistance level at 1.13852 which is in line with horizontal swing high resistance, 50.0% Fibonacci retracement level. We are biased that price will potentially drop to 1st support at 1.1233, which is in line with horizontal swing low support. Alternatively, price may rise up to our 2nd resistance at...
Description :
On the H4, with price moving below the ichimoku cloud, we have a bearish bias that price will drop from our 1st resistance at 1.26939 which is in line with horizontal swing high resistance and 38.2% Fibonacci retracement to 1st support at 1.26234, which is in line with horizontal swing low support and 78.6% Fibonacci retracement. Alternatively,...
Description :
On the H4, with price moving below the ichimoku cloud , we have a bearish bias that price will drop from our pivot at 0.71939 which is in line with horizontal overlap resistance and 50% Fibonacci retracement to 1st support at 0.70905, which is in line with horizontal swing low support and 61.8% Fibonacci retracement . Alternatively, price may break...
Description
Price has broken above our pivot level at 0.91806 which is in line with 38.2% Fibonacci retracement level and horizontal overlap support . We could potentially see a further rise from here towards 0.92697, which coincides with 61.8% Fibonacci retracement level and horizontal swing high resistance. Alternatively, we can expect price to drop to 1st...
Description
Price is reacting below our pivot level at 1.13852 which is in line with horizontal swing high resistance, 50.0% Fibonacci retracement level. Price can potentially take support at 1.233, which is in line with horizontal swing low support. Alternatively, price may rise up to our resistance at 1.14633, which coincides with 161.8% Fibonacci extension...
Description
Price has broken above our pivot level at 1.12795 which is in line with horizontal swing low support, 78.6% Fibonacci retracement level . We could potentially see a further rise from here towards 1.13881, which coincides with 127.2% Fibonacci extension level and horizontal swing high resistance. Alternatively, we may see price break pivot structure and...
Description
Price is reacting below our pivot level at 0.91745 which is in line with 61.8% Fibonacci retracement level and horizontal overlap resistance. Price can potentially take support at 0.91107, which is in line with 127.2% Fibonacci retracement level and horizontal swing low support. Alternatively, price may rise up to our resistance at 0.91926, which...
Description
Price has broken above our pivot level at 1.12795 which is in line with horizontal swing low support, 78.6% Fibonacci retracement level . We could potentially see a further rise from here towards 1.13881, which coincides with 127.2% Fibonacci extension level and horizontal swing high resistance. Alternatively, we may see price break pivot structure and...
Description
Price is approaching pivot level of 0.71751, which is in line with 38.2% Fibonacci extension level, the support of the ichimoku cloud and graphical horizontal overlap support. A reversal from this level may see price rise to 1st resistance at price 0.72732. This level coincides with 50.0% Fibonacci retracement level and horizontal swing high...
Description
On the H4, with price moving below the ichimoku indicator and respecting the current descending trendline, we have a bearish bias that price is doing a trendline breakout pullback and will drop from our pivot at 1.27688 which is in line with horizontal overlap resistance, 38.2% Fibonacci retracement level to 1st support at 1.26187, which is in line...
Description
Price is reacting below our pivot level at 0.91449 which is in line with 50.0% Fibonacci retracement level and horizontal overlap resistance. Price can potentially take support at 0.91111, which is in line with 127.2% Fibonacci extension level and horizontal swing low support. Alternatively, price may rise up to our resistance at 0.91563, which...
Description
Price is reacting below our pivot level at 1.13616 which is in line with horizontal swing high resistance. Price can potentially take support at 1.13005, which is in line with 50.0% Fibonacci retracement level and horizontal swing low support. Alternatively, price may rise up to our resistance at 1.13828, which coincides with 127.2% Fibonacci extension...
Description
Price has broken above our pivot level at 1.12984 which is in line with 38.2% Fibonacci retracement level and horizontal swing low support . We could potentially see a further rise from here towards 1.13828, which coincides with 127.2% Fibonacci extension level and horizontal swing high resistance. Finally, we can expect price to take support at...
Description
Price is reacting below our pivot level at 0.91564 which is in line with 50.0% Fibonacci retracement level and horizontal overlap resistance. Price can potentially take support at 0.91111, which is in line with 127.2% Fibonacci extension level and horizontal swing low support. Alternatively, price may rise up to our resistance at 0.91808, which...
Price is approaching pivot level of 1.3458 where we have 127.2% Fibonacci extension level, 78.6% Fibonacci retracement level & horizontal swing high resistance lining up. A reversal from this level might see price take support at 1.32725, which is in line with 61.8% Fibonacci retracement level, 78.6% Fibonacci extension level & horizontal overlap support....
Description
Price has broken above our pivot level at 1.12984 which is in line with 38.2% Fibonacci retracement level and horizontal swing low support . We could potentially see a further rise from here towards 1.131, which coincides with 127.2% Fibonacci extension level and horizontal swing high resistance. Alternatively, we may see price drop to 1st support at...
Description
Price is reacting below our pivot level at 0.92187 which is in line with 61.8% Fibonacci retracement level and horizontal swing high resistance. Price can potentially drop to 1st support at 0.9165, which is in line with 78.6% Fibonacci extension level and horizontal swing low support. Alternatively, price may rise up to our 1st resistance at 0.92516,...
