DAX - Fading gains

OANDA:DE30EUR   Germany 30
We look to Sell at 13305

The medium term bias remains bullish .
Price action has formed an expanding wedge formation.
We have a 78.6% Fibonacci pullback level of 13307 from 13380 to 13040.
Negative overnight flows lead to an expectation of a weaker open this morning.
Further downside is expected and we prefer to set shorts in early trade.
Expect trading to remain mixed and volatile.

Stop: 13355
Target 1: 13070
Target 2: 12900
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