TECHNICALFX

Ger 30 Bearish ABCD Potential

Short
FX:GER30   DAX Index
2
If Ger 30 manages to reach another high of around 11149 area, it will complete a bearish ABCD pattern which will then allow a short position to be entered if the relevant bearish price action is provided. This short will give the opportunity to gain around 1700 pips.

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