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PIP_TRACKER101
Nov 23, 2020 5:00 AM

Long  Long

DAX index of German listed sharesFXCM

Description

On H4 chart, price pulled back below and now currently trading above 50% Retracement zone.

Expecting a long extension for new highs, given the good news of the vaccine.

KEY companies to watch would be Pfizer and Biotech to name a few.

Remember trading is risky, trade with caution.

Goodluck.

Trade active

Bulls still seem to be in control .

Price currently stuck in consolidation zone, with failure to change the sequence of HH(Higher High) and HL(Higher Lows).

We should next anticipate a break of 13430 level to accelerate towards our Take Profit level of 13675.

Look for entry opportunities around 13345(buy limit) and 13380 (buy stop)

Goodluck
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