Based on the H4 chart analysis, we can see that the price has rejected our sell entry level at 9,020.12, which is a pullback resistance.
Our stop loss is set at 9,110.03, which is a pullback resistance.
Our take profit is set at 8,891.60, which is an overlap support.
High Risk Investment Warning
65% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Our stop loss is set at 9,110.03, which is a pullback resistance.
Our take profit is set at 8,891.60, which is an overlap support.
High Risk Investment Warning
65% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Trade closed: target reached
Hey traders, the price rejected our sell entry level and dropped sharply to our target. Nice move! 🎯Follow and Trade this analysis from your Charts. FXCM now Integrated with TradingView. Contact FXCM for more information.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Follow and Trade this analysis from your Charts. FXCM now Integrated with TradingView. Contact FXCM for more information.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
