DE30EUR H4 | Bullish bounce off 61.8% fibo?

TitleDE30EUR H4 | Bullish bounce off 61.8% fibo?TypeBullish BouncePreference:Price could fall to the pivot point at 15159.4, which is a pullback support level, aligning with the 61.8% fibo retracement and at the neckline of the double bottom that formed yesterday. Price could potentially bounce off from our pivot point, to rise towards the 1st resistance at 15283.7, which is a multi-swing high resistance level.Alternative scenario:If price breaks below the pivot point, then price could fall to the 1st support at 15062.1, which is below the multi-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.