SPX500 H4 | Approaching pullback supportSPX500 is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 5,586.45 which is a pullback support that aligns with the 38.2% Fibonacci retracement level.
Stop loss is at 5,530.00 which is a level that lies underneath a pullback support and the 61.8% Fibonacci retracement level.
Take profit is at 5,675.99 which is a pullback resistance.
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Losses can exceed deposits.
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