Very nice bounce from no particular point of support. Looking at a combination of fib retracement and previous SR levels, I think we'll get a little bit further up before we see a reversal. Maybe a shortlived long position at the open on Monday, depending on how DAX moves on the day, but will be looking closely for that reversal spot, where SR levels and the 61.8% retracement is, and then short the market.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.