Tag: tickmill
Type: Bearish Drop Key Levels:Resistance: 13341Pivot: 13011Support: 12422 Preferred Case:On the H4, with price moving within a descending channel and below the ichimoku indicator, we have a bearish bias that price will drop from the pivot at 13011 where the pullback resistance is to the 1st support at 12422 where the swing low support, 61.8% […]
Type: Bearish Drop Key Levels:Resistance: 32606Pivot: 31864Support: 30405 Preferred Case:On the H4, with price breaking the ascending trendline and moving below the ichimoku indicator, ,we have a bearish bias that price will drop from pivot at 31864 where the pullback resistance and 61.8% fibonacci retracement are to the 1st support at 30405 where the pullback […]
The Eurozone economic sentiment indicator decreased modestly from 98.9 to 97.6 points in August. Both industry and manufacturing saw a deterioration in economic activity. At the same time, expectations of a recession in the economy lead to more moderate forecasts for higher inflation on the back of consumer spending in the coming months. Economic sentiment […]
Tesla Fails to Rally Following Stock Split Following a decent recovery rally over recent months, Tesla shares have stalled over August and have settled into a tight range between 281.39 and 315.77. The company posted solid Q2 earnings and 50% of the year’s losses before momentum fizzled out. Last week, the company underwent a 3.1 […]
Type: Bearish Drop Key Levels:Resistance: 1.01020Pivot: 0.99945Support: 0.99945 Preferred Case:On the H4, with the price moving below the ichimoku cloud , we have a bearish bias that the price may drop from the pivot at 0.99945, where the 38.2% fibonacci retracement are to the 1st support at V, where the 61.8% fibonacci projection and swing […]
Type: Bearish Drop Key Levels:Resistance: 32605.39Pivot: 31887.83Support: 30449.12 Preferred Case:On the H4, with price breaking the ascending trendline and moving below the ichimoku indicator, ,we have a bearish bias that price will drop to pivot at 31887.83 where the pullback support, 100% fibonacci projection, 61.8% fibonacci retracement and 127.2% fibonacci extension are. Should price break […]
Type: Bullish Rise Key Levels:Resistance: 721’0Pivot: 667’4Support: 641’0 Preferred Case:On the H4, with price moving above the ichimoku indicator and along the ascending trendline , we have a bullish bias that price will rise from the pivot at 667’4 where the pullback support is to the 1st resistance at 721’0 in line with pullback resistance […]
Type: Bearish Drop Key Levels:Resistance: 3.7120Pivot: 3.5620Support: 3.4500 Preferred Case:On the H4, with price breaking the trendline and below ichimoku cloud, we have a bearish bias that the price may drop from the pivot at 3.5620, where the swing lows and 61.8% fibonacci retracement are to the 1st support at 3.4500, where the 50% fibonacci […]
Type: Bearish Drop Key Levels:Resistance: 4200.75Pivot: 4077.50Intermediate Support: 4007.25Support: 3948.25 Preferred Case:On the H4, with price moving below the ichimoku indicator, we have a bearish bias that price will drop from pivot at 4077.50 where the pullback resistance, 23.6% fibonacci retracement and 61.8% fibonacci projection are to the 1st support at 3948.25 where the pullback […]
Type: Bearish Drop Key Levels:Resistance: 22420Pivot: 20695Intermediate Support: 19390Support: 18830 Preferred Case:On the H4, with price moving below an ichimoku indicator, we have a bearish bias that price will drop from pivot at 20695 where the pullback resistance and 23.6% fibonacci retracement are to the 1st support at 18830 where the swing low support and […]