BCOUSD H4 | Bullish reversal from support

Title BCOUSD H4 | Bullish reversal from supportType Bullish BouncePreference: Price could approach the pivot point of 73.595 and potentially reverse from here; we could see momentum carry price up to its 1st resistance of 77.79.Alternative scenario: If price breaks...

BCOUSD H4 | Bullish reversal from support
TitleBCOUSD H4 | Bullish reversal from supportTypeBullish BouncePreference:Price could approach the pivot point of 73.595 and potentially reverse from here; we could see momentum carry price up to its 1st resistance of 77.79.Alternative scenario:If price breaks below the pivot point, it could hit the 1st support of 71.606.To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts.