Bearish Reversal

Key Levels:
Resistance: 27206.76
Pivot: 26479.21
Support: 25444.35

Preferred Case:
On the H4, with price moving below the ichimoku cloud and price moving in a descending trendline, we have a bearish bias that price will drop from the pivot at 26479.21 in line with the pullback resistance and 50% fibonacci retracement to the 1st support at 25444.35 at the swing low in line with the 61.8% fibonacci projection.

Alternative Scenario:
Alternatively, price may break the resistance at the pivot and rise to the 1st resistance at 27206.76 at the swing high in line with the 61.8% fibonacci retracement and 78.6% fiboancci projection.