DAX sell

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DAX is currently in the accumulation channel where the chart has moving almost all October. After the broken out the support level and returning above, the price reached the upper band of the accumulation channel where the supply appeared what we can see on the last hourly candles with upper shadows. We are opening a short position with target just above support line, with stop above daily high and with risk reward ratio 2:1.
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SL hit
DAX IndexSELLsignalSupply and DemandSupport and ResistanceTrend Analysis

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