อ่านรายละเอียดเพิ่มเติม
18.10.2021 07:13 AM
On the H4, we can see price approaching the intermediary resistance at 1.23953 in line with the 38.2% Fibonacci retracement. With the existing bearish sentiment where price is moving below the ichimoku and in a downwards trend, we may expect to see price head for 1st support at 1.23382 in line with the 78.6% Fibonacci extension and possibly even 2nd support at 1.22948 in line with the 100% Fibonacci extension level from the intermediary resistance. Alternatively, we may see price to a retest at 1st resistance at 1.24359 in line with the 61.8% Fibonacci retracement.
Trading Recommendation
Entry:1.23953
Reason for Entry:
Intermediary resistance and 38.2% Fibonacci retracement
Take Profit: 1.23382
Reason for Take Profit:
Horizontal swing low support and 78.6% Fibonacci extension
Stop Loss:1.15873
Reason for Stop Loss:
Horizontal overlap support and 100% Fibonacci extensionYour IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.
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