WirmachenTrader

RISING WEDGE NEAR 2 YEARS HIGH ON GERMAN DAX

Short
FX:GER30   DAX Index
The German DAX slowly ascends the rising wedge which typically results in a downward breakout. We also see loss of momentum on the RSI. (Bearish Divergence) This could lead to a pullback before we may see a retest of April 2015 Highs.

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