Russell 2000 H4 | Potential bullish bounceThe Russell 2000 (US2000) is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 2,035.65 which is a pullback support that aligns with the 38.2% Fibonacci retracement level.
Stop loss is at 1,998.00 which is a level that lies underneath a pullback support and the 50.0% Fibonacci retracement level.
Take profit is at 2,084.41 which is a pullback resistance that aligns with the 50.0% Fibonacci retracement level.
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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.
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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):
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Losses can exceed deposits.
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