We are trading near the Maximum correction Level (61,8 fibo) from the big brexit-downmove..
Enough is enough?
The 61,8 fibo could be the shortterm Turnaround Level.....tp on the downside could be the 38-61,8 fibos
red arrow: preferred Szenario
blue arrow: alternative szenario
tp1 , 38,2 fibo reached
reached tp2, fibo 0,5 - nice
For those who mirrored that idea - i would adjust the Initial SL now
with this sl you secure round about 180 dax Points!!!