Type:
Bullish Continuation

Key Levels:
Resistance:
34707
Pivot:
34199
Support:
33675

Preferred Case:
Looking at the H4 chart, my overall bias for YM1! is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. If this bullish momentum continues, expect price to possibly head up towards the resistance at 34707, where the previous swing high is.

Alternative Scenario:
Price could head back down to retest the pivot at 34199, where the 61.8% Fibonacci line is.

Fundamentals:
There are no major news.