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RobClancyTrader
Jun 22, 2015 6:47 PM

DAX sell the rally but the dip... Long

DAX index of German listed sharesFXCM

Description

Bearish cypher forming which should lead DAX to form a right shoulder and prepare it for a rally above neckline.

Recommend shorting within the 11,600's to trade the bearish cypher down for 11,150/200 which should then be bought on the completion of the right shoulder and held well into the 12,200/400's.
Comments
RobClancyTrader
The short is working as planned!
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