Type: Bullish BounceKey Levels:Resistance: 782.67Pivot: 759.74Support: 751.12Preferred Case:On the H4, with price moving above the ichimoku cloud and within the ascending trend channel, we have a bullish bias that price will rise from our pivot at 759.74 in line with the 78.6% fibonacci projection and overlap support to to 1st resistance at 782.67 in line with the 61.8% fibonacci retrcaement and multiple swing highAlternative Scenario:Alternatively, price may break support structure at the pivot and drop to the 1st support at 751.12 at the pullback support.
from Tickmill Expert Blog - Forex Traders Blog https://www.tickmill.com/blog/corn-h4-or-potential-bullish-continuation"
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