Type:
Bearish Drop

Key Levels:
Resistance: 9.250
Pivot: 8.945
Support: 8.495

Preferred Case:
On the H4, with the Stoch is over 80 and the price dropping from the 1st resistance, we have a bearish bias that the price may drop from the pivot at 8.945, which is in line with the 23.6% fibonacci retracement and overlap resistance to the 1st support at 8.460, which is in line with the 50% fibonacci retracement and overlap support.

Alternative Scenario:
Alternatively, price could break pivot structure and rise to 1st resistance at 9.255 where the pullback resistance is.

Fundamentals:
No major news.