Short
DE30 Sell the downtrend.
GER30 - Intraday - We look to Sell at 15641 (stop at 15691)
Trend line resistance is located at 15640.
The trend of lower highs is located at 15650.
We look for a temporary move higher.
Preferred trade is to sell into rallies.
We are trading at overbought extremes.
Our profit targets will be 15501 and 15481
Resistance: 15650 / 15670 / 15700
Support: 15600 / 15550 / 15500
Trend line resistance is located at 15640.
The trend of lower highs is located at 15650.
We look for a temporary move higher.
Preferred trade is to sell into rallies.
We are trading at overbought extremes.
Our profit targets will be 15501 and 15481
Resistance: 15650 / 15670 / 15700
Support: 15600 / 15550 / 15500
Trade active
Trade closed manually
Closed at expiry at profit of 65 pips.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.