Bullish Rise

Key Levels:
Resistance: 1809.50
Pivot: 1784.50
Support: 1764.75

Preferred Case:
On the H4, with price moving above the ichimoku indicator and moving above the ichimoku cloud , we have a bullish bias that price will rise from our pivot at 1784.50 where the 23.6% fibonacci retracement is to the 1st resistance at 1809.5 where the overlap resistance is.

Alternative Scenario:
Alternatively, price could break pivot structure and drop to 1st support at 1764.75 where the 38.2% fibonacci retracement and swing low are.

No key news.