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Swordman
Nov 19, 2016 1:23 PM

DAX 21/11/2016 Short

DAX index of German listed sharesFXCM

Description

DAX will start with a bearish GAP. It will continue with a bullish tendency until the zone of the 1 Target to return later to its downward tendency and to reach the zone of 2 Target. The Bearish Impulse is ending and surely on Tuesday we will see an upward trend.

1 Target 10750
2 Target 10600

Comment

The initial GAP has gone up rather than down, I will have to look more closely at the GAPs. On the other hand, starting the GAP upwards the price path is the reverse, the first bearish target, second bullish target.

Trade closed: stop reached

Finally we managed to arrive at a first obejtivo although it was not the main one and we were halfway to the 10750. We will see if maána we reach that objective.
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