The_Cannalyst

Shortterm Short?

Short
The_Cannalyst Updated   
FX:GER30   DAX Index
56
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
Comment:
tp1 , 38,2 fibo reached
Comment:
Comment:
reached tp2, fibo 0,5 - nice
Comment:
For those who mirrored that idea - i would adjust the Initial SL now
Comment:
with this sl you secure round about 180 dax Points!!!
Trade closed: target reached:
Ding Dong...tp reached..cheers
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