Shorting DAX to 0.5 Fib on the 1hr
DO IT AT YOUR OWN RISKS!!
Guys, after 2 days worth of more than 6% gain,it's time for a retracement on DAX.
The open of European session saw a jump-back to previous day's high but with a weak momentum. After the local high test, DAX turns his head south in a definitive manner. Classic fib retracement levels 0.618, 0.6 and 0.382 are your TP levels, move stop loss to Entry Level once the 0.618 fib is met.
may the trade be with you
Guys, after 2 days worth of more than 6% gain,it's time for a retracement on DAX.
The open of European session saw a jump-back to previous day's high but with a weak momentum. After the local high test, DAX turns his head south in a definitive manner. Classic fib retracement levels 0.618, 0.6 and 0.382 are your TP levels, move stop loss to Entry Level once the 0.618 fib is met.
may the trade be with you
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