Germany 40 CFDShort
Wreck the DAX!
Many people talk about the weakening German economy. Nevertheless, unlike the US markets, the DAX has recently reached new record highs.
However, the weakness that is setting in is unmistakable.
Currently, I see an excellent longer-term short opportunity with an RRR of 3.3:1.
The trade targets the still open weekly gap. Although there was a spike that filled the gap, prices tend to fill such openings completely with a closing price.
However, the weakness that is setting in is unmistakable.
Currently, I see an excellent longer-term short opportunity with an RRR of 3.3:1.
The trade targets the still open weekly gap. Although there was a spike that filled the gap, prices tend to fill such openings completely with a closing price.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.