Type: Bearish drop
Resistance : 372
Pivot: 363.9
Support : 332
Preferred case: We see the potential for a further bearish drop from our Pivot at 363.9 in line swing high resistance towards our 1st support at 332 in line with 127.2% Fibonacci projection and 61.8% Fibonacci retracement. Our bearish bias is further supported prices trading below our ichimoku clouds.
Alternative scenario: If prices were to reverse, they can potentially climb towards our 1st resistance at 372 which is in line with 100% Fibonacci projection
Fundamentals: Warmer weather conditions and renewable energy sources might mean temporary setback on the commodities
Resistance : 372
Pivot: 363.9
Support : 332
Preferred case: We see the potential for a further bearish drop from our Pivot at 363.9 in line swing high resistance towards our 1st support at 332 in line with 127.2% Fibonacci projection and 61.8% Fibonacci retracement. Our bearish bias is further supported prices trading below our ichimoku clouds.
Alternative scenario: If prices were to reverse, they can potentially climb towards our 1st resistance at 372 which is in line with 100% Fibonacci projection
Fundamentals: Warmer weather conditions and renewable energy sources might mean temporary setback on the commodities
Отказ от ответственности
Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.
Отказ от ответственности
Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.