Downloading...
Download

ZOK2022

Oats Futures ( ZOK2022 ), H4 Potential for Bearish MomentumTitle: Oats Futures ( ZOK2022 ), H4 Potential for Bearish Momentum Type: Bearish Momentum Resistance: 745.500 Pivot: 613.250 Support: 665.000 Preferred case: On the H4 chart, we have a bearish bias. To add confluence to this, price is under the Ichimoku cloud which indicates a bearish market. If this bearish momentum continues, expect price to head back down the the support level at 665.000, where the 78.6% Fibonacci line is. Alternative scenario: Price may go back up and head towards the resistance at 745.500 where the 38.2% Fibonacci line is located. Fundamentals: There are no major news.
CBOT:ZOK2022Short
by Genesiv
Oats Futures ( ZOK2022 ), H4 Potential for Bearish MomentumTitle: Oats Futures ( ZOK2022 ), H4 Potential for Bearish Momentum Type: Bearish Momentum Resistance: 745.500 Pivot: 613.250 Support: 665.000 Preferred case: On the H4 chart, we have a bearish bias. To add confluence to this, price is under the Ichimoku cloud which indicates a bearish market. If this bearish momentum continues, expect price to head back down the the support level at 665.000, where the 78.6% Fibonacci line is. Alternative scenario: Price may go back up and head towards the resistance at 745.500 where the 38.2% Fibonacci line is located. Fundamentals: There are no major news.
CBOT:ZOK2022Short
by Genesiv
Oats Futures (ZOK2022), H4 Potential for Bearish Momentum Title: Oats Futures ( ZOK2022 ), H4 Potential for Bearish Momentum Type: Bearish Momentum Resistance: 745.500 Pivot: 613.250 Support: 665.000 Preferred case: On the H4 chart, we have a bearish bias. To add confluence to this, price is under the Ichimoku cloud which indicates a bearish market. If this bearish momentum continues, expect price to head back down the the support level at 665.000, where the 78.6% Fibonacci line is. Alternative scenario: Price may go back up and head towards the resistance at 745.500 where the 38.2% Fibonacci line is located. Fundamentals: There are no major news.
CBOT:ZOK2022Short
by Genesiv
Oats Futures (ZOK2022), H4 Potential for Bearish Momentum Title: Oats Futures (ZOK2022), H4 Potential for Bearish Momentum Type: Bearish Momentum Resistance: 745.500 Pivot: 613.250 Support: 665.000 Preferred case: On the H4 chart, we have a bearish bias. To add confluence to this, price is under the Ichimoku cloud which indicates a bearish market. If this bearish momentum continues, expect price to head back down the the support level at 665.000, where the 78.6% Fibonacci line is. Alternative scenario: Price may go back up and head towards the resistance at 745.500 where the 38.2% Fibonacci line is located. Fundamentals: There are no major news.
CBOT:ZOK2022Short
by Genesiv
Oats Futures ( ZOK2022), H1 Potential for Bullish RiseType: Bullish Rise Resistance: 695'7 Pivot: 664'7 Support : 645'7 Preferred case: We are expecting the price to potentially rise from our pivot level of 664'7 in line with 78.6% Fibonacci retracement towards our 1st resistance level of 695'7 which is in line with 38.2% Fibonacci retracement and 78.6% Fibonacci projection. Alternative scenario: Otherwise, the price might break our pivot structure and trigger a dip to the 1st support level of 645'7 which is in line with 161.8% Fibonacci extension. Fundamentals: No major news.
CBOT:ZOK2022Long
by Genesiv
ZOK2022 (Oats Futures) | H1 Bullish BounceType : Bullish Bounce Resistance : 758'6 Pivot: 738'0 Support : 716'0 Preferred Case: Price is near pivot level of 738'0 in line with 38.2% Fibonacci retracement and 61.8% Fibonacci projection. Price can potentially rise up to the 1st resistance level at 758'6, in line with 161.8% Fibonacci extension. Our bullish bias is further supported by price trading above the Ichimoku cloud indicator. Alternative scenario: Price might also dip towards the 1st support level of 716'0 in line with 100% Fibonacci projection and 61.8% Fibonacci retracement. Fundamentals: No Major News
CBOT:ZOK2022Long
by Genesiv
Oats Futures (ZW1!), H4 Potential Bearish DipType: Bearish Reversal Resistance : 746'7 Pivot: 729'0 Support : 696'2 Preferred case: Price is approaching our pivot level of 729'0 in line with 138.2% Fibonacci extension. We see the potential for a further dip towards our 1st support level of 696'2 in line with 23.6% Fibonacci retracement. Our bearish bias is further supported by the stochastic indicator where price is trading at the resistance level. Alternative scenario: Otherwise, price could potentially go to the 1st resistance level which is in line with 161.8% Fibonacci extension and 78.6% Fibonacci projection. Fundamentals: No major news
CBOT:ZOK2022Short
by Genesiv
OATS FUTURES (ZOK2022) | H4 Bearish DropType: Bearish Drop Resistance: 694'7 Pivot: 668'7 Support: 627'6 Preferred case: Price near pivot level of 668'7 in line with 61.8% Fibonacci retracement. Price can potentially drop to our 1st support of 627'6 in line with the 61.8% Fibonacci projection and 78.6% Fibonacci retracement. Our bearish bias is supported by stochastic indicator where it is near resistance level. Alternative scenario: Alternatively , price may break pivot structure and head for 1st resistance at 694'7 in line with 100% Fibonacci projection, along with a graphical swing high resistance. Fundamentals: No Major News
CBOT:ZOK2022Short
by Rockqet
OATS FUTURES (ZOK2022) , H4 Bearish DipType: Bearish Dip Resistance: 666'4 Pivot: 646'5 Support: 616'7 Preferred case: Price near pivot level of 646'5 in line with 38.2% Fibonacci retracement. Price can potentially dip to our 1st support of 616'7 in line with the 61.8% Fibonacci retracement. Our bearish bias is supported by how price is moving below the Ichimoku cloud indicator. Alternative scenario: Price may break pivot structure and head for 1st resistance at 666'4 which in line with 61.8% Fibonacci retracement and 61.8% Fibonacci projection. Fundamentals: No Major News.
CBOT:ZOK2022Short
by Rockqet