Rice Futures ( ZR1! ), H4 Potential for Bullish Continuation

Type: Bullish ContinuationKey Levels:Resistance: 18.530Pivot: 17.620Support: 16.630Preferred Case:Looking at the H4 chart, my overall bias for ZR1! is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. If this bullish momentum continues, expect price to continue heading towards the resistance at 18.530, where the recent high is.Alternative Scenario:Price could head back down to retest the pivot at 17.620, where the 61.8% Fibonacci line is. Fundamentals:There are no major news.