Possible Short Trade on The DAX Looking for Fibonacci Retracemen

Seeing if there is a Fibonacci Retracement at 38.2% on the down side today 10721 has been a pivot point previously for support/resistance .If works out will short.


Hi Could you share an update on this?
DAX Closes Trading @ 10606 (10721-10606) 115 Drop to the South side. There is no Magic Indicator in Trading but Fibonacci Retracement and Support and Resistance are pretty good indicators when it comes to placing trades.
Looking at this point to Trade Short as the trend on the 1 hour chart is on the down side, as most of the indexes are trending down today. Looking at this point as a retracement as previously this has been a pivot point to short trade today.
Hello sir do you think it's good time to short sir?
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out