Type:
Bullish Rise

Key Levels:
Resistance:
2569
Pivot:
2422
Support:
2470

Preferred Case:
Looking at the H4 chart, my overall bias for CC1! is bullish due to the current price crossing above the Ichimoku cloud , indicating a possible shift to bullish market structure. If this bullish momentum continues, expect price to head back up towards the resistance at 2569, where the previous swing high is.

Alternative Scenario:
Price may break the support at 2470, where the 61.8% Fibonacci line is before heading towards the pivot at 2422, where the 50% Fibonacci line is.

Fundamentals:
There are no major news.