Trading Idea Based on H4 chart analysis, the price has recently bounced off the buy entry at 0.8576, an overlap support level. Take Profit: 0.8699 (pullback support near 61.8% Fibonacci retracement) Stop Loss: 0.8447 (overlap support) 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. 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. 73% of retail investor accounts lose money when trading CFDs with this provider. 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 involves 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. Disclaimer The information presented on TradingView is provided to FXCM ("Company", "we") by a third-party provider ("TFA Global Pte Ltd"). You are solely responsible for trading decisions on your account. Trading involves a high degree of risk. The information and content are for research, educational, and informational purposes only and do not constitute investment or consultation advice or an investment strategy. The information is not tailored to the investment needs of any specific person and does not consider any of the viewer’s investment objectives, financial situation, or needs. Past performance is not a reliable indicator of future results. FXCM assumes no liability for any omission or mistake nor for any loss or damage, including without limitation, any loss of profit arising from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent, nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers nor is FXCM responsible for the content, veracity, or opinions of third-party speakers, presenters, or participants.