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Daimler short opportunity

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Short opportunity between .382 and .5

Sl above the .5

Target 53 for now
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Closed half the position at 54.9 and took some quick profits. Will let the other half run. Sl at entry now. Might open another position on retracement if I see a good opportunity.
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1m chart, looks good for re-entry between 0.5 and 0.618

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Again 1m looking good

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It actually reached 55.42 yesterday after trading times in OTC market, so re-entry point was reached, where i opened another position with SL at entry now
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Sold half at 54.4. SL for other half at 54.72 now
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Wave 2 (of the 5) might take on a more complex form.

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Will observe now for possible re-entries. Two very good trades so far (i used 25x leverage, making it on average two 40-50% trades)
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Since we didn't get a new low, I had to recount, possibly putting us just now at the end of the 4. It did bounce of the .382 (and vegas wave). I'm not sure the 5 of the C is completely in yet, so we might get another run to the .382 (possibly beyond for a double top at 56.3 - 56.4)
daimlerdax30DEU30Elliott WaveFibonacciGER30 CFDSupport and Resistance

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