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CortesTeam
Dec 2, 2016 4:27 PM

GER30: Finally out of the consolidation...short it Short

DAX index of German listed sharesFXCM

Description

The DAX has broken the lower line of the consolidation channel, that is the bearish bias we were waiting for, so to jump on the bigger move downwards, we are waiting on an imminent opportunity at the @10560 level of major resistance, also we have equidistant harmonic retracement.

Hoping to see some kind of rejection at that level complemented with RSI

Have a great weekend !
:)
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