mshamjad
Short

Short term outlook on $ger30 - buy upto 9500 then sell to 8350

FX:GER30   DAX index of German listed shares
280 0 2
Looking at the short term $ger30 chart I see a push up towards 9525 area where the new trenline comes in play with 38% fib level for recent moves.

As we all know prices don't always go down in straight line. It usually retraces 38% or 50% before continuing towards dominant trend.

I have a sell order at 9520 trying to catch this move. Good luck trading.
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