Looking at the DAX 30 mins chart
1st rectangle shows down move followed by retrace which recovered 78.6 % of down move (Fibonacci)
2nd rectangular area (so far has retraced 78.6 %) see if it holds..interesting to see if we get the extended move down afterwards towards 6480/6450 support as outlined in post yesterday
Technical analysis of Major Markets, F/X, and anything that can be traded This is my diary for trading Views expressed in this are only for educational purposes. They ARE NOT recommendations to BUY or SELL anything!! ALL comments and criticisms welcome.
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