Antonio_trader

DAX weekly update

OANDA:DE30EUR   Germany 30
After spinning top candle the week before, price bounced higher and from 30 RSI level. On smaller time frames, a good opportunity for a short with good risk when we test the broken 11000 area again. While MPO of H&S is not complete, we could watch for a potential reversal forming if markets are to start a rally as it sometime happens in January when everyone gets optimistic about a new year.
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