akaid

Mercedes about to drive down.

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XETR:MBG   Mercedes-Benz Group AG
Hello friends,

on the weekly scale we see a head and shoulders pattern (which is not confirmed yet). The right shoulder may take some weeks to develope but if completed you should see a down move, around 39,00€.

A strong bearish weekly close below the "neckline" is an short signal.

🤞



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Right shoulder

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