DAX H4 testing pivot where we may potentially see a bounce towards the 1st Swing High Resistance Level, in-line with 78.6% and 100% Fibonacci Extension and overlap swing high resistance. If price drops from the pivot, we would see It swing towards 1st Support, In-Line With 61.8% Fibonacci Retracement and 127.2% Fibonacci Extension
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Desmond Leong runs an award-winning research firm (The Technical Analyst finalists 2018/19/20 for Best FX and Equity Research) advising banks, brokers and hedge funds. Backed by a team of CFA, CMT, CFTe accredited traders, he takes on the market daily using a combination of technical and fundamental analysis.