The price has bounced off our buy entry level at 247.27, which is a pullback support that aligns with the 50% Fibonacci retracement.
Our stop loss is set at 228.81, which is a pullback support that lines up with the 71.8% Fibonacci retracement.
Our take profit is set at 269.09, which is a pullback resistance.
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 228.81, which is a pullback support that lines up with the 71.8% Fibonacci retracement.
Our take profit is set at 269.09, which is a pullback resistance.
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 bounced off our buy level and reached our target before dropping sharply to the downside. Congrats to everyone who caught the move! 🎯📈
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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.
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.