NQ1!, H4 | Potential bearish drop
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.
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