AdamHong

GER30:Bearish AB=CD Pattern and the 1.618EXT

Short
AdamHong Updated   
FX:GER30   DAX Index
A bearish AB=CD pattern is completing at 10760 level and the 1.618EXT of AB is at 10785 level.
Meanwhile there are two previous highs at this zone.
So it is a good opportunity to open short positions at 10750-10785 levels
SL:above 10800
TP1:10595
TP2:10500 and further more
Comment:
The market shocks at 10755-10825 levels in short term and it also can sell at this zone with SL above 10825.
Comment:
TP1 reached.
Comment:
TP2 reached.
Comment:
More profits than expected have been taken.

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