A technical analysis figure that reflects a certain situation in the market and can serve as a signal for the trader to take a certain action, e.g., to open or close a position, adjust his trading strategy, etc.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 58% of investor accounts lose money when trading CFDs with this broker. 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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