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SimoneSiesto
Feb 13, 2017 8:38 AM

Commerzbank is a short. Target at 5.50 Short

COMMERZBANK AGFWB

Description

Weekly close has broken the ascending trendline. It is then a good opportunity to trigger a short trade. Weekly Coppock curve is now oriented downwards. Target can be identified at the previous horizontal support, approx 5.50. Stop loss above 8.20

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Trade active

It is now under our entry price level. It seems to be a promising trade.
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