Add a listing
0
Add a listing

E-MINI DOW JONES FUTURES (YM1!), H4 Potential For Bullish Rise

42636 e mini dow jones futures ym1 h4 potential for bullish rise

Type: Bullish RiseKey Levels:Resistance: 32634Pivot: 31214Support: 30455Preferred Case:On the H4, with price moving in an ascending trendline and above the ichimoku cloud, we have a bullish bias that price will continue to rise from the pivot at 31214 at the swing high in line with the 50% fibonacci retracement to the 1st resistance at 32634 at the pullback resistance in line with the two 100% fibonacci projections.Alternative Scenario:Alternatively, price may reverse off the pivot and drop to the 1st support at 30455 at the swing low in line with the 61.8% fibonacci projection and 61.8% fibonacci retracement.Fundamentals:No Major News

Source: Tickmill

Related Posts

Recent Posts
Leading Key
Asian Shares Asian Stocks bafin Blog brent brokerswatch CBI Ireland cftc cointelegraph Commodities Crude Oil energy european fca fcnb FINRA Forex fsma fxpro Gold gold-price Inflation Interview Market Analysis markets Marketwatch News News stories oil oott OPEC Press Release Press Releases Roboforex Russia Speech Statements stock markets Stocks Technical analysis tickmill Trading Warning Notice wti xgloabalmarkets
About
brokerswatch white red logo
Searching for the right forex broker is no easy task, but have no fear! Brokerswatch.com has made it very simple.  Find the right brokers based on the criteria most important to you and compare them side by side for easier selection
Twitter Facebook-f Instagram Linkedin Reddit

Brokers By Regulator

Forex Brokers List

Trading Tools

Risk Warning: FX trading is high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment goals, experience and risk tolerance levels. Loss of  part or all of your initial investment is possible;  therefore do not invest money that you cannot afford to lose. It is advised to educate yourself about FX trading before you trade real money. Disclaimer:  All data and information on this Website are provided “as is” and to be used only for information purposes.  Information is not  intended for trading or trading recommendations.  The operators of this website shall not be liable for any loss incurred by you as a result of reliance on the information contained in the Website.