US30 H1 | Bullish Bounce Off 50% Fibonacci Support

US30 is falling towards the buy entry at 47,229.78, whichis an overlap support that aligns witht he 50% Fibonacci retracement and could bounce from this level to the upside.

Stop loss is at 46,903.56, which is a swing low support.

Take profit is at 48,038.79, which is a multi swing high resistance.

Stratos Markets Limited (tradu.com/uk ):
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 (tradu.com/eu ):
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.