Felix_Hoevelborn
Short

GERMAN DAX STRUCTURE SHORT: HIGH RISK TO REWARD

FX:GER30   DAX index of German listed shares
The DAX             comes right back into the previous support zone which now should act as resistance. We got a 50% Retracement from the swing high and a 1.414 Fibonacci Inversion lining up perfectly at the outlined area. The RSI also shows that we are heavily overbought.

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