Buying DE40 at 20 EMA.GER40 - 12h expiry - We look to Buy at 13172 (stop at 13089)
Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end.
There is no clear indication that the upward move is coming to an end.
We look for a temporary move lower.
We look to buy dips.
20 4hour EMA is at 13172.
Our profit targets will be 13372 and 13422
Resistance: 13300 / 13360 / 13400
Support: 13200 / 13150 / 13050
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