Gasoline Futures (RB1!) H4 I Bullish setup eyeing a move toward resistance.

Type:

Bullish Bounce

Key Levels:

Resistance: 2.2045

Pivot: 2.1060

Support: 2.0413

Preferred Case:

On the H4 timeframe, price is reacting above the Pivot level at 2.1060. If this level holds, a bullish move toward the 1st Resistance at 2.2045 is favored.

Alternative Scenario:

If price fails to sustain above the Pivot at 2.1060, a deeper pullback toward the 1st Support at 2.0413 could follow before any further upside can resume.