darrenkav25

DAX - Short - 0.382 Fibonacci Retrace - March 11th Resistance

Short
0.382 Fibonacci Retracement & March 11th to break through
Plenty of positivity in the day (Oil, New York Virus Regression, Mortgage performance, Slowing death rate in europe i.e. Spain and Italy)
At a point of 2019 lows which could prove difficult to breakthrough previous support back in 2016.

This consensus definitely forms a basis for a short trade or if your optimistic see if it breaks through this resistance and let the bulls continue to drive forward.

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