On the H4, with price moving below the ichimoku cloud , we expect to see a potential for rise from our entry of 41719 in line with the 23.6% fibonacci retracement towards our take profit at 42516 in line with the -27.2% Fibonacci expansion , 127.2% Fibonacci extension and 100% Fibonacci projection . Alternatively, If price breaks out, it can potentially move towards our stop loss at 40931 in line with the 38.2% Fibonacci retracement level and pullback support.

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