Type:
Bullish Continuation

Key Levels:
Resistance:
4173.25
Pivot:
3913.25
Support:
3751.75

Preferred case:
On the H4 chart, we have a bullish bias. Furthermore, the price is above the Ichimoku cloud , indicating a bullish market. If the bullish trend continues, expect price to possibly move towards the 4173.25 resistance level , where the 78.6% Fibonacci Fibonacci line is.

Alternative scenario:
Price could head back down to retest the pivot line at 3913.25, where the 50% Fibonacci line is.

Fundamentals:
There are no major news.