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The German DAX30 index was released by many people with the proverbial “bags”. Constant attempts to short positions have shown who the market is right. We are currently approaching an interesting level measured with a tool called fibonacci from its creator known as Leonardo Fibonacci, Filius Bonacci who was an Italian mathematician. I myself can see that in the case of new levels where the price has not yet been found, there is a reaction, but not always (as it looks in trading). Currently, in order for me to consider the short position, the condition presented in the picture would have to be met. Ideally, the condition should be met at a low time interval because the input will be more precise.
