Mini DAX Futures (FDXM1!), H4 Potential for bullish rise
Type : Bullish Rise
Resistance : 14220
Pivot: 13670
Support : 13351
Preferred Case: On the H4, with price moving above the ichimoku indicator and within an ascending channel , we have a bullish bias that price will rise from the pivot at 13670 where the pullback support and 23.6% fibonacci retracement are to the 1st resistance at 14220 in line with 78.6% fibonacci retracement and 100% fibonacci projection .
Alternative scenario: Alternatively, price could break pivot structure and drop to 1st support at 13351 where the pullback support, -27.2% fibonacci expansion , 61.8% fibonacci retracement and 100% fibonacci projection are.
Fundamentals: Since investors have seen evidence that inflation has peaked, we have a bullish view on the DAX index .
Resistance : 14220
Pivot: 13670
Support : 13351
Preferred Case: On the H4, with price moving above the ichimoku indicator and within an ascending channel , we have a bullish bias that price will rise from the pivot at 13670 where the pullback support and 23.6% fibonacci retracement are to the 1st resistance at 14220 in line with 78.6% fibonacci retracement and 100% fibonacci projection .
Alternative scenario: Alternatively, price could break pivot structure and drop to 1st support at 13351 where the pullback support, -27.2% fibonacci expansion , 61.8% fibonacci retracement and 100% fibonacci projection are.
Fundamentals: Since investors have seen evidence that inflation has peaked, we have a bullish view on the DAX index .
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.