Type: Bullish BreakoutKey Levels:Resistance: 28328.52Pivot: 26861.34Support: 25980.72Preferred Case:On the H4, with price bouncing off the ichimoku cloud and moving in an ascending trend channel, we have a bullish bias that price will continue to rise from the pivot at 26861.34 in line with the pullback support and 50% fibonacci retracement to the 1st resistance at 28328.52 in line with the multiple swing high and 100% fibonacci projection.Alternative Scenario:Alternatively, price may reverse off the pivot and drop to the 1st support at 25980.72 in line with the pullback support .
from Tickmill Expert Blog - Forex Traders Blog https://www.tickmill.com/blog/nk2251-h4-or-bullish-continuation"
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