US30USD H4 | Bullish reversal off pivot?

TitleUS30USD H4 | Bullish reversal off pivot?TypeBullish BouncePreference:Price is hovering above our pivot point at 33650.19, which is a multi-swing low support level. Price could rise towards the 1st resistance level at 33878.76, which is a pullback resistance level and at the 23.6% fibo retracement.Alternative scenario:If price breaks below the pivot point, then price could fall to the 1st support level at 33465.91, which is a swing low support level.To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts.

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