📊 Pivot Points Analysis

Points calculated from file 04.png (2025/05/12):

High: 104,736.45

Low: 104,077.70

Close: 104,472.30

Key Levels:

Pivot Point (P): 104,428.82

First Resistance (R1): 104,779.94

First Support (S1): 104,121.19

Interpretation:

The current price (104,513) is above the pivot point, indicating a short-term bullish bias.

Upside Target: A break above R1 (104,779.94) could push the price towards R2 (105,131.06).

Bearish scenario: A breakdown below S1 (104,121.19) could lead to a test of S2 (103,773.37).

📉 Fibonacci Retracement Analysis

From file 03.png (2025/03/25):

Swing #NewsTrade #StrategyTrade Low: 86,310.00

Swing High: 108,088.00

Key Retracement Levels:

23.6%: 102,456

38.2%: 99,876

50%: 97,699

61.8%: 95,522

Interpretation:

The current price is above 23.6% (102,456), reflecting bullish strength.

102,456 is considered key support in a correction.

A break of the high (108,088) could open the way for a new upside wave towards 115,000 (127.2% level).

🎯 Combining Pivot and Fibonacci

Bullish Scenario:

Break through R1 (104,779.94) → Target 108,088 (Fibonacci High).

Break through 108,088 → Head towards 115,000.

Bearish Scenario:

Break through S1 (104,121.19) → Test 23.6% (102,456).

Break through 102,456 → Potential decline to 38.2% (99,876).

📌 Trading Recommendations

For Day Traders:

Buy: Above 104,800 (near R1) with a target of 105,130.

Stop loss: Below 104,100.

For long-term investors:

Buy on corrections:

At 102,456 (23.6%) or 99,876 (38.2%).

Long stop loss: Below 95,500 (61.8%).