NAS100 H4 | Bullish momentum to extend further?NAS100 could fall towards a pullback support and potentially bounce off this level to climb higher.
Buy entry is at 18,955.13 which is a pullback support.
Stop loss is at 18,670.00 which is a level that lies underneath an overlap support and the 38.2% Fibonacci retracement level.
Take profit is between 19,125.04 and 19,228.63 which is a zone that is identified by the 61.8% Fibonacci projection and the 127.2% Fibonacci extension levels.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
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):
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):
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
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
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