NQ1!, H4 | Potential bearish drop

28 февр. 2022 г.

On the H4, with price currently moving within the ichimoku cloud, we have a bias that price will drop to our support at 13133 in line with the 100% Fibonacci projection from our pivot at 14379 in line with the 78.6% Fibonacci retracement and horizontal overlap resistance. Alternatively, price may break pivot and head for 1st resistance at 14619 in line with the horizontal swing high resistance.