M4Academy

M4Academy

Description: Price is breaking above our pivot level, indicating a further bounce. A rise from our pivot at 104.044 towards 1st resistance at 104.496 could be possible, as the impulsive Wave 5 starts. Failing to edge above the pivot would see price swing towards 1st support where horizontal swing low is. Pivot: 104.044 Supporting Points: Elliott Wave 3 support,...

M4Academy

Price is approaching our pivot, which is in line with our horizontal overlap support, 100% Fibonacci extension and 76.4% Fibonacci retracement. We see a medium probability bullish scenario above our pivot at 1811.46, with 1st resistance at 1903.91 as a possible target. Failure to hold above pivot would see price swing the other way towards 1st support at 1764.70. ...

M4Academy

Price holding above our moving average support and Ichimoku cloud, we can expect further bullish momentum to push price higher above our Pivot at 3788.8, towards the Fibonacci confluence level and 1st resistance at 3846.9. Otherwise, failure to hold above pivot could see price swing towards 1st support at 3744.1. Pivot: 3788.8 Supporting Points: 23.6% Fibonacci...

M4Academy

Description: Price is approaching our pivot of 1.22262, which is a fibonacci confluence level. A rise from our pivot at 1.22262 towards 1st resistance at 1.22461 could be possible. Otherwise, a break under the pivot should see price swing towards 1st support at 1.22089. Pivot: 1.22262 Supporting Points: 127%, -27%, -27% fibonacci retracement, 100% Fibonacci...

M4Academy

Description: Price showed a bullish breakout from our pivot 0.77711, a fibonacci confluence area. We could see a medium-probability bullish scenario, with 1st resistance at 0.78067 as a potential target . Otherwise, failure to hold above pivot could see price swing lower towards 1st support at 0.77473. It’s noteworthy that price is trending above the moving...

M4Academy

Description: Price has reversed from our Pivot at 1.26906 and is holding under the 23.6%, 50% fibonacci retracement and the moving average. We see a medium probability bearish scenario for a drop below the pivot towards 1st support at 1.26423 as a possible target. Otherwise, should price fail to hold under our Pivot, we could see price swing the other way towards...

M4Academy

Price is approaching our pivot, which is in line with our horizontal swing low support, 61.8% Fibonacci extension and 38.2% Fibonacci retracement. We see a medium probability bullish scenario above our pivot at 26.8420, with 1st resistance at 28.0580 as a possible target. Failure to hold above pivot would see price swing the other way towards 1st support at...

M4Academy

Description: Price is seeing bearish divergence in RSI, indicating a possible pullback. A limited pushdown towards our pivot at 103.514, where the 50% Fibonacci retracement , 100% fib extension and horizontal pullback support are, could occur before a possible bounce from there.Failing to edge towards the pivot would see price swing towards 1st resistance where...

M4Academy

Description: Price holding above moving average support. With MACD indicator holding above 0, we can expect further bullish momentum to push price higher above our Pivot at 31016.8 towardsFibonacci confluence level and 1st resistance at 31484.4. Otherwise, failure to hold above pivot could see price swing towards 1st support at 30674.3 Pivot: 31016.8 Supporting...

M4Academy

Description: Price has reversed from our Pivot at 1.26857 and is holding under the 38.2% fibonacci retracement, 23.6% fibonacci extension, descending trendline resistance and the moving average. We see a medium probability bearish scenario for a drop below the pivot towards 1st support at 1.26497 as a possible target. Otherwise, should price fail to hold under our...

M4Academy

Description: Price has bounced from our pivot 0.77765, a fibonacci confluence area. We could see a medium-probability bullish scenario, with 1st support at 0.77488 as a potential target . Otherwise, failure to hold above pivot could see price swing higher towards 1st resistance at 0.78207. It’s noteworthy that price is trending above the moving average and...

M4Academy

Description: Price is approaching our pivot of 1.22963, which is a fibonacci confluence level. A rise from our pivot at 1.22963 towards 1st resistance at 1.23317 could be possible. Otherwise, a break under the pivot should see price swing towards 1st support at 1.22186. Note that price is trending above the Ascending trendline as well as Ichimoku cloud, in line...

M4Academy

Description: Price is holding above the trendline, showing bullish pressure. A further push up from our pivot 102.949 where the 61.8% Fibonacci retracement , 61.8% fib extension and horizontal swing low support are, towards first resistance at 103.411 is possible. Otherwise, failing to hold above pivot would see price swing towards 1st support where horizontal...

M4Academy

Price is approaching our pivot, which is in line with our 50 EMA, graphical pullback support, 100% Fibonacci extension and 61.8% Fibonacci retracement. We see a medium probability bullish scenario above our pivot at 1902.69, with 1st resistance at 1958.19 as a possible target. Failure to hold above pivot would see price swing the other way towards 1st support at...

M4Academy

Description: Price holding above moving average support. With MACD indicator holding above 0, we can expect further bullish momentum to push price higher above our Pivot at 3735.8 towards graphical swing high and 1st resistance at 3783.0. Otherwise, failure to hold above pivot could see price swing towards 1st support at 3705.3 Pivot: 3735.8 Supporting...

M4Academy

Description: Price has shown a bearish breakout from our Pivot at 1.26712 and is holding under the 61.8% fibonacci retracement, 78.6% fibonacci extension and horizontal graphical overlap. We see a medium probability bearish scenario for a drop below the pivot towards 1st support at 1.26360 as a possible target. Otherwise, should price fail to hold under our Pivot,...

M4Academy

Description: Price is approaching our pivot 0.78059, a fibonacci confluence area. We could see a medium-probability bearish scenario, with 1st support at 0.77685 as a potential target . Otherwise, failure to hold under pivot could see price swing higher towards 1st resistance at 0.78495. It’s noteworthy that Stochastics is showing bearish pressure where price has...

M4Academy

Description: Price is testing for a bullish breakout at pivot of 1.23010, which is a fibonacci confluence level. A rise from our pivot at 1.23010 towards 1st resistance at 1.23321 could be possible. Otherwise, a break under the pivot should see price swing towards 1st support at 1.22814. Note that price is trending above the Ascending trendline as well as Ichimoku...