As we see on this 1 H chart DAX showing clear signs of weakness! As the news came out of the USA, markets immediately turned around. I saw this move coming, as I spotted tone of bearish divergence since last week already.
I am entering a short now. I see this triangle formation to play out in the next 14 days.
RSI and MacD giving also nice short signals.
Let's see...
Happy and safe trading!
*This is not financial advice, this is only an idea. Do your own research and act on your responsibility.
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