Type:
Bullish Bounce

Key Levels:
Resistance: 1718.96
Pivot: 1580.15
Support: 1419.94

Preferred Case:
On the H4, with price breaking out of the descending trendline and moving above the ichimoku indicator, we have a bullish bias that price will rise from pivot at 1580.15 where the pullback support is to the 1st resistance at 1718.96 where the swing high resistance and 50% fibonacci retracement are.

Alternative Scenario:
Alternatively, price could break pivot structure and drop to 1st support at 1419.94 where the swing low support, 61.8% fibonacci projection and 161.8% fibonacci extension are.