Ger30 continuos its downtrend?

GER30:
During the last months we see a downtrend in this index GER30 and now a possible Pull Back!!

What about Fib retracement. We can see that there is a retracement made back to the 38% and now moving down again.

Technicaly could be our next goal the 127% line as possible profit target.

What is your opinion? - Short on the trendline break?
1272 Fibonacci Extension382 Fibonacci RetracementFibonacci RetracementGER30 CFDshortTrend Line Break

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