On the H4, with price moving above the ichimoku cloud, we have a bullish bias that price will continue to rise from the buy entry at 783.45 in line with the overlap support to the take profit at 801.65 in line with the 61.8% fibonacci retracement and 78.6% fibonacci projection. However, we would wait for price to break pivot at our entry before going in for the buy. Alternatively, price may reverse off the pivot and drop to the stop loss at 764.2 in line with the horizontal swing low.
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