Type: Bullish BounceKey Levels:Resistance: 15254Pivot: 14496Support: 13843Preferred Case:With price approaching the support the Ichimoku cloud, we are biased that price will rise from our pivot structure at 14496 in line with the horizontal overlap support and 50% Fibonacci retracement to 1st resistance at 15254 in line with the horizontal overlap resistance and 61.8% Fibonacci projection level.Alternative Scenario:Alternatively, price may break pivot structure and head to 1st support level at 13843 in line with the 61.8% Fibonacci projection level and horizontal swing low support.
from Tickmill Expert Blog - Forex Traders Blog https://www.tickmill.com/blog/nasdaq-100-e-mini-futures"
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