German 40 Index CashShort
GER40 - Bearish Trend
GER40 index is analysed on 4H chart with resistance and support plotted on daily time frame. There was a bearish divergence on 4H chart after which the trend has become bearish. I used Fib to test the level of retracement and the pull back was healthy. No bullish divergence is observed and I have planned my entry at the LL.
The Signal is:
EP: 18215.26
SL: 18705.21
TP1: 17725.31
TP2: 17235.36
The Signal is:
EP: 18215.26
SL: 18705.21
TP1: 17725.31
TP2: 17235.36
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