Type:
Bullish Continuation

Key Levels:
Resistance:
7381.5
Pivot:
6397.5
Support:
6797.5

Preferred Case:
Looking at the H4 chart, my overall bias for FCE1! is bullish due to the current price crossing above the Ichimoku cloud, indicating a bullish market. If this bullish momentum continues, expect price to continue heading towards the resistance at 7381.5, where the previous swing high is.

Alternative Scenario:
Price may head back down to retest the support at 6797.5, where the 50% Fibonacci line is.

Fundamentals:
There are no major news