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Wirecard AG: Up-move looses its momentum

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Recent bullish tendencies on wirecard seem to be near exhaustion, enabling a possible short selling. Resistant fractals and lower highs indicate that a consolidation and bearish move could be coming. Shorting would result in a low risk trade, since the recent swing highs are close to the current price, thus providing an excellent SL level, that would invalidate the setup should price move above it.

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