Type:
Bullish Breakout

Key Levels:
Resistance: 27155.57
Pivot: 24690.67
Support: 22394.6

Preferred Case:
On the H4, with price moving within a bullish channel as well as above the ichimoku indicator and RSI moving along an ascending trendline, we have a bullish bias that price will rise to our pivot at 24690.67 where the pullback resistance, 50% fibonacci retracement and 61.8% fibonacci projection are. Once there is upside confirmation that price has broken pivot structure, we would expect bullish momentum to carry price to 1st resistance at 27155.57 where the 61.8% fibonacci retracement, -61.8% fibonacci expansion, 161.8% fibonacci extension and 100% fibonacci projection are.

Alternative Scenario:
Alternatively, price could drop to 1st support at 22394.6 where the pullback support, 61.8% fibonacci retracement and 61.8% fibonacci projection are.