Preference: Price is approaching the pivot where we may potentially see a bounce towards 1st Resistance, in-line with 23.6% Fibonacci Retracement and 61.8% Fibonacci Extension Alternative Scenario: If price drops from the pivot, we may see it swing towards 1st Support, in-line with 161.8% Fibonacci Retracement and 127.2% Fibonacci Extension
Preferred Case: Price is abiding the ascending trendline support on the daily timeframe showing a bullish momentum. We are expecting the price to push up towards the 1st Resistance in line with 100% Fibonacci projection and daily overlap resistance. Alternative Case: Alternatively, Price Can Push Down To 1st Support In Line With 23.6% Fibonacci …
Preferred Case: Price is at the pivot where we may potentially see a bounce towards 1st resistance, in-line with 78.6% Fibonacci retracement and 78.6% Fibonacci extension Alternative Case: If Price Drops From The Pivot, We May See It Swing Towards 1st Support, In-Line With 61.8% Fibonacci Retracement And 61.8% Fibonacci Extension
Preferred Case: Price is approaching the pivot where we may potentially see a bounce towards 1st Resistance, in-line with 78.6% Fibonacci Retracement and 61.8% Fibonacci Extension. Alternative Case: If Price Drops From The Pivot, We May See It Swing Towards 1st Support, In-Line With 78.6% Fibonacci Retracement And 78.6% Fibonacci Extension
Preferred Case: Price has broken above the triangle pattern showing a potential bullish momentum. We are expecting price to push from the pivot level ( in line with 61.8% Fibonacci extension) towards the 1st Resistance in line with 78.6% Fibonacci extension. Our bullish bias is further supported by the price holding above the 100 …
Preferred Case: Price is approaching the pivot where we may potentially see a bounce towards 1st resistance, in-line with 50% Fibonacci retracement and 78.6% Fibonacci extension Alternative Case: If Price Drops From The Pivot, We May See It Swing Towards 1st Support, In-Line With -27.2% Fibonacci Retracement And 78.6% Fibonacci Extension
Preferred Case: If price can close above the pivot, we could potentially see a bounce towards 1st resistance, in-line with 61.8% Fibonacci retracement and 78.6% Fibonacci extension Alternative Case: If Price Drops From The Pivot, We May See It Swing Towards 1st Support, In-Line With 50% Fibonacci Retracement And 78.6% Fibonacci Extension
Preferred Case: Price is at the pivot where we may potentially see a bounce towards 1st Resistance, in-line with 38.2% Fibonacci Retracement and 61.8% Fibonacci Extension Alternative Case: If Price Drops From The Pivot, We May See It Swing Towards 1st Support, In-Line With 50% Fibonacci Retracement And 78.6% Fibonacci Extension
Preferred Case: Price is seen to be holding below the ascending trendline support turn resistance, showing a bearish pressure. We are expecting price to potentially retrace to the pivot level in line with the ascending trendline support turn resistance and the 50% Fibonacci retracement level and push back down to the 1st Support level …
Preferred Case: Price is have finally broken out of consolidation, we can see that price broke out of the triangle pattern towards the upside. Price is expected to ride on the bullish momentum towards the 1st resistance in line with the 78.6% Fibonacci extension. Our bullish bias is also supported by the MACD indicator where the MACD line …
USDCHF, H4 Broke Out Of Consolidation, Bullish Momentum. Read More »
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