DAX H4 approaching pivot where we may potentially see a drop towards 1st Support, in-line with 61.8% Fibonacci retracement , 78.6% Fibonacci extension and descending trendline resistance. If price bounce from the pivot, it may swing toward 1st Resistance, in-line with 78.6% Fibonacci retracement and 78.6% Fibonacci extension
from Tickmill Expert Blog - Forex Traders Blog https://www.tickmill.com/blog/dax-h4-approaching-pivot-potential-for-drop"
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