Bullish Rise

Key Levels:
Resistance: 2564.0
Pivot: 2493.6
Support: 2460.9

Preferred Case:
On the H4, with price moving within an ascending channel and bouncing off the ichimoku support, we have a bullish bias that price will rise from our pivot at 2493.6 where the pullback support is to the 1st resistance at 2564.0 where the swing high resistance is.

Alternative Scenario:
Alternatively, price could break pivot structure and drop to 1st support at 2460.9 where the pullback support, 23.6% fibonacci retracement and 78.6% fibonacci projection are.

No Major News