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DE30EUR H4 | Bearish reaction off pivot? |
منبع: https://www.tickmill.com/blog/de30eur-h4-bearish-reaction-off-pivot-3rd-november-2023
Preference:
If price breaks above the pivot point, then price could rise towards the 1st resistance at 15430.5, which is an overlap resistance level, at the shoulders of the H&S pattern formed previously.
Price is rising towards our pivot point at 15281, which is a multi-swing high resistance level. If price reacts bearishly, we can expect price to fall to the 1st support at 15123.5, which is a pullback support level.
Type
Bearish Reversal
Alternative scenario:
Title
DE30EUR H4 | Bearish reaction off pivot?