Bullish Bounce

Key Levels:
Resistance: 1884.9
Pivot: 1851.9
Support: 1831.6

Preferred Case:
On the H4, with prices moving above the Ichimoku indicator, we have a bullish bias that price will rise from our pivot at 1851.9 where the horizontal overlap support is to our 1st resistance at 1884.9 in line with the 78.6% Fibonacci retracement.

Alternative Scenario:
Alternatively, price may break pivot structure and head for 1st support at 1831.6 where the horizontal overlap support, 38.2% Fibonacci retracement and 61.8% Fibonacci projection are.