DAX created a double bottom the last days and also created a W Chart formation, which is shown in the chart. The formation made a retracement to 78% which is pretty much and should give the power to reach the area of 12680 and maybe 12800. Trade can be entered at 12500 with tartet 12680 and stop 12380.
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Trade is active with target 12680
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for Short time Dax was up to 12570 and then is falling to 12400 in a very short period of time. Now the risk reward ratio of course is much better. But of course Dax can be on it´s way to Gap-Close also.