Based on the H4 chart analysis, we can see that the price is reacting off our buy entry level at 200.44, which is an overlapping support.
Our stop loss is set at 193.04, which is an overlap support.
Our take profit is set at 209.40, 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 193.04, which is an overlap support.
Our take profit is set at 209.40, 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.
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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.