Preferred Case:

Price is approaching the pivot where we may potentially see a bounce towards 1st Resistance, in-line with 78.6% Fibonacci Retracement and 61.8% Fibonacci Extension.

Alternative Case:

If Price Drops From The Pivot, We May See It Swing Towards 1st Support, In-Line With 78.6% Fibonacci Retracement And 78.6% Fibonacci Extension

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