Type: Bearish ReversalKey Levels:Resistance: 2829Pivot: 2671Support: 2281Preferred Case:On the H4,with price moving below the Ichimoku cloud, we have a bearish bias that price will drop to our 1st support at 2281 in line with the 78.6% Fibonacci retracement and horizontal swing low support from our pivot at 2671 in line with the horizontal swing high resistance and 38.2% Fibonacci retracement.Alternative Scenario:Alternatively, price may break pivot and head for 1st resistance at 2829 in line with the horizontal overlap resistance and 61.8% Fibonacci retracement
from Tickmill Expert Blog - Forex Traders Blog https://www.tickmill.com/blog/ethusd-h4-i-potential-bearish-drop"
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