Bearish Reversal

Key Levels:
Resistance: 0.69616
Pivot: 0.68658
Support: 0.67208

Preferred Case:
On the H4, with price moving in a descending trend channel and below the ichimoku cloud, we have a bearish bias that price will drop from the pivot at 0.68658 at the pullback resistance in line with the 100% fibonacci projection and 50% fibonacci retracement to the 1st support at 0.67208 in line with the 78.6% fibonacci projection and 161.8% fibonacci extension.

Alternative Scenario:
Alternatively, price may reverse off the pivot and rise to the 1st resistance at 0.69616 at the swing high in line with the 50% fibonacci retracement.