On the H4, with price moving within a bullish channel and expected to bounce from the stochastic support, we have a bullish bias that price will rise from our buy entry at 22560.82 where the pullback support, 61.8% fibonacci retracement and 61.8% fibonacci projection are to the take profit at 24331.68 where the pullback resistance is. Alternatively, price could break entry structure and drop to stop loss at 20716.80 where the swing low support and 100% fibonacci projection are.
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