Sphiwe23

Bearish bias on German30

Kort
FX:GER30   DAX index
The market is in a ascending wedge correction on the LTF and we broke a liquidity area indicated by the horizontal line thus giving us more confluence for our sells.

Entry:
-We looking to take a risk on the third touch of our channel for sells.
-We can also wait for the Market to breakout impulsively and form a continuation correction to enter our reduced risk entry sells.

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