FXPhantom
Short

Going short on ABC correction completion

FX:GER30   The DAX Index
An area for perfect ABC correction (AB=BC) completion is reached at around 0.618 Fib retracement of the previous impulse leg. It means that another impulse to the down side might be on the way. Small position might be taken at current level and add to it after breaking below b point.

Stop loss at 9900.

Happy trading
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