FXCM

US2000 H4 | Potential bullish bounce?

Long
FX:US2000   E-Mini Russell 2000 Future
US2000 is falling towards a pullback support and could potentially bounce off this level to climb higher.

Buy entry is at 2,029.25 which is a pullback support.

Stop loss is at 1,993.00 which is a level that lies underneath an overlap support and the 50.0% Fibonacci retracement level.

Take profit is at 2,090.11 which is a swing-high resistance that aligns with the 61.8% Fibonacci retracement level.

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Stratos Markets Limited (www.fxcm.com/uk):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% 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.

Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com/eu):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% 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.

Stratos Trading Pty. Limited (www.fxcm.com/au):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com/au

Stratos Global LLC (www.fxcm.com/markets):
Losses can exceed deposits.

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