EURUSD H1 I Bullish Bounce Off Based on the H1 chart analysis, we can see that the price is trading near our buy entry at1.143-1.1454, which is a pullback support that aligns with the 78.6% Fib retracement and the 61.8% Fib projection, providing a significant level for a potential bullish reversal.
Our take profit will be at 1.1487, which is an overlap resistance
The stop loss will be placed at 1.1405, which is a multi-swing low support level.
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Stratos Europe Ltd (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% 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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