The price is falling to our buy entry level at 61,669, an overlap support which is slightly above the 127.2% Fibonacci extension and the 61.8% Fibonacci retracement.
Our stop loss is set at 59,142.1, a pullback support that is slightly below the 78.6% Fibonacci retracement.
Our take profit is set at 65,549.6, an overlap 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 59,142.1, a pullback support that is slightly below the 78.6% Fibonacci retracement.
Our take profit is set at 65,549.6, an overlap 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.
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.
