DEU30 False Breakout
Price has reached weekly resistance key zone and has rejected with a nice downward facing pinbar. Price is also at channel resistance giving us a good high reward short opportunity with stops above the pin. Targets will be the support marked in green and maybe even the demand zone below it.
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.