USDCHF H4 I Bullish Bounce Based on the H4 chart analysis, we can see that the price has just bounced off our buy entry at 0.8576, which is an overlap.
Our take profit will be at 0.8699, which is a pullback support level close to 61.8% Fibo retracement.
The stop loss will be placed at 0.8447, an overlap support
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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% 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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Losses can exceed deposits.
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