Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 1.2517, which is a pullback resistance close to the 38.25 Fibonacci retracement.
Our take profit will be at 1.2426, a multi swing-low support level.
The stop loss will be placed at 1.2596, a pullback resistance level.
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Trading Forex/CFDs...
Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 1.3543, which is an overlap resistance.
Our take profit will be at 1.3484, an overlap support level. The stop loss will be placed at 1.3594, a swing-high resistance level.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may...