BAYER AG NA O.N.
Short
Updated

Bayer, Short with resistance and fibonacci

90
Our MACD show us a overbought market, the moving average show a correction.
We currently broke a support-line, its now the resistance, the last high is our stop loss, the 50% Fibonacci Retracement is our first TP, we close 50% of our position there.
Trade closed: stop reached

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