Type:
Bullish Continuation

Key Levels:
Resistance:
2542
Pivot:
2422
Support:
2475

Preferred Case:
Looking at the H4 chart, my overall bias for CC1! is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. If this bullish momentum continues, expect price to head towards the resistance at 2542, where the 78.6% Fibonacci line and previous high are.

Alternative Scenario:
Price may go back down to retest the support at 2475, where the 50% Fibonacci line is.

Fundamentals:
There are no major news.