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Ger30sell

GER30 - Daily OpportunityWe will be looking for a pullback to previous resistance to enter new short in GER30 (D) with stops placed above highlighted green area. Breakout of upward sloping trendline was not convincing. If resistance holds, we will also have a double top pattern completion upon the break of the red neckline. We will wait for price action to indicate that new highs are unlikely prior to trade entry, rather than simply placing a limit order (offer) in the orange area.
FX:GER30Short
by SanktuaryMAM
(4h) The Dax Bearish Bat @10400$FX:GER30 Waiting for RSI Bearish Divergence; With a validated double bottom at previous support by a broken neck, the price is facing some pressure at the middle of the ascending channel. Weekly resistance above, price reversal zone at 88%, the Bat is almost completed. Targets: The 38% retracement, and once there, close half position size and move Stops to breakeven. The 618% retracement, it could forge the 2618 bullish trade setup. Safe Trades;
FX:GER30Short
by Andre_Cardoso
4
An Attempt to Decipher Ger30I do not know what will eventually happen,But until then, staying the OODA Loop I've tried to take pulse of the chart. The bullish intentions have been made clear. Lets see which setups plays out eventually. Would have been stronger if this close was above the large red candle on left. (off by some 40pips) Hence this keeps the options of deep retrace very likely. Especially for next leg up to Bollinger mid.(34 MA) which may meet price at the 10000 by then. This down move likely to be to - Retest of trendline break - Retest of MA's 10 - 30-50% retrace of last 3 bulls weeks - Test yellow resistance turned support zone.
FX:GER30
by Neel_K
1