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HenrikKonnerup
Dec 1, 2016 11:06 PM

DAX short opportunity, with great P/L ratio Short

GERMAN STOCK INDEX (DAX)TVC

Description

I see a Fibonacci retracement that has just taken place, and based on the Fibonacci extension I have set my target.
We are in a down trend, and the indicators are also pointing down/negative/short.
Open at 10.515, target 10.196 and stop at 10.603.
Fibs are made on 5 min. interval.
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