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MoodandMarkets
Jun 9, 2020 8:03 AM

Adidas did it! Short

XETR:ADS1D
ADIDAS AG NA O.N.XETR

Description

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A clear three waves structure, failed breakout from the channel. It is an A-B-C Zigzag after the Covid bottom. The rising is final? New low will come? We will see but everything will be decided around 220 - 200.
Trend AnalysisElliott Wavezigzagpatternfailedbreakout
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