rafal_w

Bearish Cypher with trend.

Short
FX:GER30   DAX Index
We have quite good trend continuation opportunity, hour candle was closed below 11.500 which seems to be key level. When we look at D leg, we can see 3 harmonic moves, that gives some indication similar to 3drive that we are on edge. I believe that Greece news were already implemented on chart, RSI is quite high so we might see some pullback.

Comments

Now price is creating wedge, so it may be sell opportunity... My guess is price will make double top, then topple :) The only problem is that now price brokout H4 downtrend channel, so toppling may be not so big
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