Look for sell opportunity on Ger30!
Hello traders,
Few days ago I discussed about Ger30 (see my previous analysis) and mentioned of the head and shoulders pattern that was unfolding on it.
I was waiting for further developments to confirm my biased. Price has corrected and printed a bearish continuation pattern after forming a double top, there's a high probability that price will fall. I will consider looking for short positions with three targets: 13870.22, 13738.12 and 13478.56.
Traders, if you find this idea helpful please support this with likes. I will highly appreciate it.
Few days ago I discussed about Ger30 (see my previous analysis) and mentioned of the head and shoulders pattern that was unfolding on it.
I was waiting for further developments to confirm my biased. Price has corrected and printed a bearish continuation pattern after forming a double top, there's a high probability that price will fall. I will consider looking for short positions with three targets: 13870.22, 13738.12 and 13478.56.
Traders, if you find this idea helpful please support this with likes. I will highly appreciate it.
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