COFFEE C Futures (KC1!), H4 Potential For Bullish Rise


Kind: Bullish RiseKey Ranges:Resistance: 236. 40 Pivot: 220.00 Assist: 207.60Preferred Case:On the H4, with worth transferring above the ichimoku cloud and the MACD histogram is above zero, we have now a bullish bias that worth will rise from our pivot at 220.00 the place the pullback resistance and 61.8% fibonacci retracement are. As soon as there’s upside affirmation of worth breaking pivot construction, we might anticipate bullish momentum to hold worth to 1st resistance at 236. 40 the place the swing excessive resistance is.Different Situation:Alternatively, worth might drop to 1st assist at 207.60 the place the swing low assist is.Fundamentals:No key information


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