Bullish Rise

Key Levels:
Resistance: 710.4
Pivot: 699.4
Support: 679.25

Preferred Case:
On the H4, price has bounced off the second support at 668.25 which is at the 78.6% Fibonacci retracement line and went above the first support at 679.25. Price has also gone above the ichimoku cloud which indicates a bullish bias. Looking for price to continue bullish to hit the first resistance at 710.4 where the -27.2% Fibonacci expansion lies.

Alternative Scenario:
Alternatively, price could bounce back down from the pivot structure and drop to first support to 679.25, where the 50% Fibonacci retracement line sits

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