Trading CFDs on margin carries high risk.

ETHUSD is approaching our first resistance at 121.77 (horizontal overlap resistance, 100% Fibonacci extension , 23.6% Fibonacci retracement ) where a strong drop might occur pushing price down to our major support at 102.58 (horizontal swing low support, 100% Fibonacci extension).
Stochastic (55,5,3) is also approaching resistance where we might see a corresponding drop in price.

Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
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