Have two conditions..uptrend or downtrend???
H4 Analysis
Daily Analysis
Weekly Analysis
Pivot: 948.80
Our Preference: LONG positions above 948.8 with 962.5 & 967.5 as next targets.
Alternative scenario: The downside penetration of 948.8 will call for a slide towards 943.4 & 940.
Comment: the 948.8 key support (50% retracement) is expected to favour a recovery.
Trend: ST Ltd upside; MT Bullish
Key levels Comment
972* Intraday resistance
967.5** Intraday resistance
962.5** Intraday resistance
956.05 Last
948.8*** Intraday pivot point
943.4** Fib retracement (61.8%)
940** Intraday support
H4 Analysis
Daily Analysis
Weekly Analysis
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