Markttechniker

Commerzbank Short

Short
Markttechniker Updated   
XETR:CBK   COMMERZBANK AG
Strong downward momentum with a clear downtrend. Additionally, former support line might play out as new resistance.

Buying into correction on next open.

As bigger picture shows sideway movement not speculating on break of larger low at about 5.50. More aggressive target would be 5.80.
Trade closed: target reached:
TP1 reached
Trade closed: stop reached:
Stop-Loss reached
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