Type : Bearish Drop
Resistance : 12999
Pivot: 12809
Support : 12415
Preferred Case: On the H4, with price moving within a descending channel and below the ichimoku indicator, we have a bearish bias that price will drop from pivot at 12809 where the pullback resistance is to the 1st support at 12415 where the swing low support, 61.8% fibonacci projection and 161.8% fibonacci extension are.
Alternative scenario: Alternatively, price could break pivot structure and rise to 1st resistance at 12999 where the pullback resistance, 61.8% fibonacci projection and 23.6% fibonacci retracement are.
Fundamentals: Due to the extended Nord Stream 1 halt, we have a bearish view on the DAX Index.
Resistance : 12999
Pivot: 12809
Support : 12415
Preferred Case: On the H4, with price moving within a descending channel and below the ichimoku indicator, we have a bearish bias that price will drop from pivot at 12809 where the pullback resistance is to the 1st support at 12415 where the swing low support, 61.8% fibonacci projection and 161.8% fibonacci extension are.
Alternative scenario: Alternatively, price could break pivot structure and rise to 1st resistance at 12999 where the pullback resistance, 61.8% fibonacci projection and 23.6% fibonacci retracement are.
Fundamentals: Due to the extended Nord Stream 1 halt, we have a bearish view on the DAX Index.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.