Soy beans Futures ( ZS1! ), H1 Potential for Bullish bounce
Type : Bullish Bounce
Resistance : 1734
Pivot: 1702
Support : 1687
Preferred Case: With price moving above our ichimoku cloud , we have a bullish bias that price will rise to our 1st resistance at 1734 in line with the 127.2% Fibonacci extension from our pivot of 1702 in line with the horizontal pullback support and 23.6% Fibonacci retracement .
Alternative scenario: Alternatively, price may break pivot structure and head for 1st support at 1687 in line with the horizontal overlap support and 50% Fibonacci retracement .
Fundamentals: No Major News
Resistance : 1734
Pivot: 1702
Support : 1687
Preferred Case: With price moving above our ichimoku cloud , we have a bullish bias that price will rise to our 1st resistance at 1734 in line with the 127.2% Fibonacci extension from our pivot of 1702 in line with the horizontal pullback support and 23.6% Fibonacci retracement .
Alternative scenario: Alternatively, price may break pivot structure and head for 1st support at 1687 in line with the horizontal overlap support and 50% Fibonacci retracement .
Fundamentals: No Major News
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.