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E-Mini NASDAQ 100 (NQ1!) H4, Potential Bullish Bounce

31846 e mini nasdaq 100 nq1 h4 potential bullish bounce

E-Mini NASDAQ 100 (NQ1!) H4, Potential Bullish Bounce Type : Bullish bounce Resistance: 128″07″0 Support : 126″24″5 Pivot : 127″04″0 Preferred Case: With price moving above the ichimoku cloud, we are biased that price will rise from our 1st support at 14493 in line with the horizontal overlap support and 50% Fibonacci retracement to 1st resistance at 15275 in line with the horizontal swing high resistance and 61.8% Fibonacci projection level.Alternative scenario : Alternatively, price may break pivot structure and head to 1st support level at 13846 in line with the 61.8% Fibonacci projection level and horizontal swing low support.

Source: Tickmill

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