Bullish Bounce

Key Levels:
Resistance: 24208.23
Pivot: 22483.11
Support: 20703.19

Preferred Case:
On the H4, with price moving within a bullish channel and expected to bounce from the stochastic support, we have a bullish bias that price will rise from our pivot at 22483.11 where the pullback support, 50% fibonacci retracement and 61.8% fibonacci projection are to the 1st resistance at 24208.23 where the pullback resistance is.

Alternative Scenario:
Alternatively, price could break pivot structure and drop to 1st support at 20703.19 where the swing low support and 100% fibonacci projection are.