DAX Potential For Bearish Continuation

18 thg 10, 2022

The overall bias for DAX on the H4 is bearish. Looking for a potential retracement sell at 12906.26 where the 23.6% and 50% Fibonacci line intersects. Stop loss will be at 13564.83, slightly above where the 61.8% Fibonacci line is. Take profit will be at 11862.84 where the 0% Fibonacci line and previous low lies.

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