Type: Bullish BounceKey Levels: Resistance: 3549Pivot: 3248Support: 3013Preferred Case:On the H4, with price moving above the Ichimoku cloud, we have a bias that price will rise to our 1st resistance at 3549 in line with the 127.2% Fibonacci extension from our pivot at 3248 in line with the horizontal pullback support.Alternative Scenario:Alternatively, price may break pivot structure and head for 1st support at 3013 in line with the horizontal overlap support and 38.2% Fibonacci retracement.
from Tickmill Expert Blog - Forex Traders Blog https://www.tickmill.com/blog/ethusd-h4-i-potential-rise28"
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