On the H4, with price expected to bounce off the support of the ichimoku cloud, signifying an overall bullish momentum. We can expect price to rise to our take profit at 45715 in line horizontal graphical swing high resistance from our 1st support in line with horizontal overlap support and 61.8% Fibonacci retracement at 42873. Alternatively, price may head to our stop loss, which coincides with horizontal swing low support at 41620.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.