US30USD H4 | Bullish reversal off 61.8% fibo

TitleUS30USD H4 | Bullish reversal off 61.8% fiboTypeBullish BouncePreference:Price is slowly approaching our pivot point at 33912.23, and could potentially have a bullish reversal at the 61.8% fibo retracement level. If there's a bullish reversal, price could reach the 1st resistance at 34499.77.Alternative scenario:If price breaks below the pivot point, then price could potentially fall to the 1st support at 33618.42.To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts.