Looking at the short term
GER30 chart I see a push up towards 9525 area where the new trenline comes in play with 38% fib level for recent moves.
As we all know prices don't always go down in straight line. It usually retraces 38% or 50% before continuing towards dominant trend.
I have a sell order at 9520 trying to catch this move. Good luck trading.
As we all know prices don't always go down in straight line. It usually retraces 38% or 50% before continuing towards dominant trend.
I have a sell order at 9520 trying to catch this move. Good luck trading.
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Disclaimer
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.