short 22545 and legit tp to fill gap at 22200all in the title and basic chart have to fill the gap it match with 50% fibo retracement overbought luch h4 and daily the economy isnt good so it euphoria us inflation rebound sharply last monthShortby corsicasiaUpdated 8
DAX extends drop to -500 points from ATHThe DAX hit a record high earlier in the day. Fast forward a few hours, it is now down 500 points from that high. A potential rebound may be on the cards, given how strong the trend has been. But this goes to show the markets go down as well as up. What caused the sell-off? Well, firstly it was US President Donald Trump raising the prospect of tariffs of up to 25% on automobile, semiconductor, and pharmaceutical imports. Then, concerns rose about the peace process talks over Ukraine without Kyiv’s involvement. Trump has just posted THIS about Zelensky: Think of it, a modestly successful comedian, Volodymyr Zelenskyy, talked the United States of America into spending $350 Billion Dollars, to go into a War that couldn’t be won, that never had to start, but a War that he, without the U.S. and “TRUMP,” will never be able to settle. The United States has spent $200 Billion Dollars more than Europe, and Europe’s money is guaranteed, while the United States will get nothing back. Why didn’t Sleepy Joe Biden demand Equalization, in that this War is far more important to Europe than it is to us — We have a big, beautiful Ocean as separation. On top of this, Zelenskyy admits that half of the money we sent him is “MISSING.” He refuses to have Elections, is very low in Ukrainian Polls, and the only thing he was good at was playing Biden “like a fiddle.” A Dictator without Elections, Zelenskyy better move fast or he is not going to have a Country left. In the meantime, we are successfully negotiating an end to the War with Russia, something all admit only “TRUMP,” and the Trump Administration, can do. Biden never tried, Europe has failed to bring Peace, and Zelenskyy probably wants to keep the “gravy train” going. I love Ukraine, but Zelenskyy has done a terrible job, his Country is shattered, and MILLIONS have unnecessarily died – And so it continues... By Fawad Razaqzada, market analyst with FOREX.comby FOREXcom2
DAX pullback from ATH, support at 22563Key Trading Level is at 22563 Support: 270 followed by 22140 and 21923 Resistance: 23200 followed by 23300 This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.by TradeNation1
GER40The GER40, also known as the DAX 40, is a stock market index that represents the performance of 40 major German companies listed on the Frankfurt Stock Exchange. It serves as a benchmark for the German economy and is heavily influenced by macroeconomic data from Germany and Europe. Key Points: the DAX has shown resilience but faces resistance at higher levels. It reached an all-time high in February 2025 but has since encountered challenges in breaking through significant resistance at 22,498.3 levels Influencing Factor such as Macroeconomic Data print ,( Positive GDP growth, employment rates, retail sales. ECB decisions significantly impact the DAX; tightening monetary policy can pressure it downward Global Economic Conditions,The index reacts to global economic sentiment and geopolitical tensions. Longby Shavyfxhub2
de30 short tradeThe Relative Strength Index (RSI) is showing a downward trend, indicating weakening momentum. Additionally, the Moving Average Convergence Divergence (MACD) is showing a bearish crossover, further supporting the potential for a downward moveShortby Mansa_Musa_Capital1
DAX pullback US Automobile tariffs “in the neighbourhood of 25%”Yesterday, Wednesday 19th Feb, Germany’s DAX equity index experienced the biggest decline of the major European indices, with automakers like Volkswagen (-2.78%) and BMW (-2.28%) underperforming. Key Trading Level is at 21923 Support: 21770 followed by 21350 and 21060 Resistance: 22850 followed by 23000 and 23300 This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice. by TradeNation1
DAX RISKY LONG| ✅DAX(INDEX) is trading in an uptrend Along the rising support line Which makes me bullish biased And the index is about to retest the rising support Thus, a rebound and a move up is expected With the target of retesting the level above at 22,614 LONG🚀 ✅Like and subscribe to never miss a new idea!✅Longby ProSignalsFx112
Weekly Technical AnalysisStart your week by identifying the key price levels and trends. The SpreadEx Research team has analysed the most popular markets, including stocks, indices, commodities & forex. -------------------------------------------------------------------------------------------------------------- Analysis Germany 40 Germany 40 maintains its bullish momentum, currently trading at 22,687, well above its VWAP (20) of 21,802. The trend remains positive, with support at 20,930 and resistance at 22,700. An RSI reading of 80 signals strong momentum, though overbought conditions suggest a potential short-term pullback or consolidation before the next move. UK 100 The UK 100 continues its bullish surge, currently positioned at 8,753, still holding above its VWAP (20) of 8,652. Immediate support is noted at 8,450, while resistance stands at 8,854. With an RSI of 62, momentum remains positive, though down from overbought levels following the 2-day pullback from record highs. Wall Street Wall Street remains in a corrective phase within its broader bullish trend, trading at 44,550, right at its VWAP (20) level of 44,550 and below record highs. Key support is identified at 44,097, while resistance is set at 44,988. RSI at 55 suggests moderate momentum, with the market consolidating before a new directional move. Brent Crude Brent Crude remains in a neutral consolidation phase, currently trading at 7474, slightly below its VWAP (20) of 7555. Support is forming at 7371, while resistance is overhead at 7739. The RSI at 44 indicates a lack of clear momentum, with potential for either a breakout or continued range-bound movement. Gold Gold remains in a strong impulsive bullish phase, currently priced at 2,898, comfortably above its VWAP (20) of 2,838. Support is established at 2,722, while resistance stands at 2,955. The RSI at 65 signals sustained bullish momentum, though a temporary pullback cannot be ruled out following such a long time in overbought conditions. EUR/USD EUR/USD remains in a neutral consolidation, trading at 1.0486, above its VWAP (20) of 1.0391. The pair is range-bound, with support at 1.0253 and resistance at 1.0529. RSI at 60 suggests fresh bullish momentum since last week, but a confirmed breakout over 1.05 is needed for a clearer trend. GBP/USD GBP/USD also remains in a neutral phase, trading at 1.2595, above its VWAP (20) of 1.2410. Key support is found at 1.2293, while resistance stands right at current levels near 1.2600. RSI at 62 is the most bullish momentum going back over 3 months, but the pair remains just about within a consolidative range while under 1.26. USD/JPY USD/JPY is in a bearish impulsive phase, currently at 151.63, below its VWAP (20) of 153.60. Support is firm at 150.39, while resistance extends to 156.81. The RSI at 37 indicates weak momentum, confirming the bearish sentiment, though the pair is still above the oversold territory reached earlier in the month. by Spreadex1
My Long Dax Idea 21-2-2025Took a long on GER40 After the dip that happened yesterday. The fundamentals are straightforward and DAX40 scores 6 on Edgefinder. The technical setups are looking good and indicating for a possible "bottom". Now we don't really know how far this price action will take us up since the European economy is not stable, yet. Will keep an eye on it.Longby stingotho2
Expecting a deep dropIn my opinion and to my sight, the asset seems expensive and probability a deep drop from here is high.Shortby PrateekKumar1
SELLERS MARKET sellers market, sellers aggressively pushed the market to the downside placing more of their selling oders at 22653.8 and 22662.0 price levels we await the market to return to this levels to see if sellers would defend their selling interest. sniperflow sageflow at your service Shortby SNIPERFLOW1
Markets Relieved After Tariff DelayThe week’s closing session unfolded under the expectation of potential “reciprocal tariffs” from the United States, which ultimately will not be implemented immediately. This decision eased initial market jitters and led to a weaker dollar, as fears of an escalating trade war subsided—for now. The U.S. outlook was also shaped by weaker-than-expected consumption data: January retail sales fell 0.9%, significantly below estimates, suggesting a weaker household spending impulse. At the same time, industrial production exceeded expectations with a 0.5% increase, but manufacturing within that indicator declined by 0.1%. These mixed data, coupled with the tariff delay, put downward pressure on the dollar, which lost much of the ground it had gained in previous weeks. The effects of this softening U.S. currency were felt across several emerging markets. The Mexican peso posted notable gains, while the Chilean peso advanced up to 0.7% at its peak. In the stock market, signals regarding U.S. consumption and caution over potential tariffs translated into volatile trading on Wall Street, where the S&P 500 remained flat after mixed sector performances. Energy and financials held relatively firm, while consumer staples declined amid a more cautious investor outlook. Meanwhile, the Nasdaq 100 logged another week of gains, driven by strong tech earnings. Europe maintained its recent positive trend, though some of its major indices—such as the DAX and Euro Stoxx 50—showed overbought signals (RSI above 70). In the most recent session, moderate profit-taking was observed in the DAX, while the French CAC 40 managed to hold its gains, supported by strong luxury sector earnings and other better-than-expected corporate results. Investors also remained in wait-and-see mode regarding potential U.S. trade measures impacting the region and the European Central Bank's monetary policy outlook. In Asia, Hong Kong’s Hang Seng Index stood out with a more than 2% daily gain and over 6% for the week. Investors reacted optimistically to the prospect of the People’s Bank of China implementing new monetary stimulus to reinforce economic recovery. Additionally, strong demand for tech and consumer stocks helped fuel the rally. The commodities market showed divergent movements. On one hand, oil prices remained in a tight range, with WTI hovering around $71 after a brief rally that was capped by the prospect of a diplomatic agreement that could ease energy sector sanctions. In contrast, natural gas surged nearly 9% over the week, reflecting seasonal volatility and some unexpected demand factors. In metals, gold retreated from record highs but remained above $2,900 per ounce. Looking ahead, market attention will be focused on potential concrete announcements regarding the White House’s reciprocal tariffs. This will help shape the market outlook, which for now appears cautiously optimistic following developments in trade tensions but remains closely monitoring key macroeconomic indicators and potential shifts in U.S. trade policy. Pepperstone doesn’t represent that the material provided here is accurate, current or complete, and therefore shouldn’t be relied upon as such. The information, whether from a third party or not, isn’t to be considered as a recommendation; or an offer to buy or sell; or the solicitation of an offer to buy or sell any security, financial product or instrument; or to participate in any particular trading strategy. It does not take into account readers’ financial situation or investment objectives. We advise any readers of this content to seek their own advice. Without the approval of Pepperstone, reproduction or redistribution of this information isn’t permitted. by Pepperstone3
DEX to FALL and retest its previous highs to make it a VALID RunGerman DEX has made its higher highs and as per the technicals, every chart has to retest its previous highs. Coming week DEX will restart its correction and will retest FIX61 and may as well go back to 170000 where the run was started. TRUMP TERIFFS COMING to haunt German Economey it will add more tax and it will slows down the production. German Elections coming on 23rd feb.Shortby bilhas86Updated 7743
DAX NO CHANGES IN THE LABELING FORECAST TOPThe chart of the German Dax. All markets are in harmony in the formations . Inflation causes higher prices higher prices causes higher revenues higher revenues causes higher profits which causes higher stock prices based on increased Earnings . So without inflation All ASSETS DEFLATE !! That is just about to happen !!!by wavetimerUpdated 131351
DAX 40 Crosses the 22,000 Mark for the First TimeThe German index increased just over 3% in the past five sessions, driven by the strong performance of companies such as SAP, Siemens, and Deutsche Bank , which have posted gains exceeding 3% during this period. Notably, these companies represent more than 20% of the weight in DAX 40, making their positive performance a key factor in sustaining the bullish pressure that has now pushed the index to new all-time highs. Strong Uptrend The DAX 40 is currently in a strong uptrend, which has accelerated since November 2024. The price has now reached the 22,000-point zone , a potentially significant resistance level. However, for the buying momentum to remain intact in the short term, it will be crucial for bullish positions to hold above this level. Potential Correction At the moment, the RSI line continues to oscillate above the 70 level , signaling overbought conditions. Additionally, while the DAX price has been making higher highs, the RSI has been making lower highs, forming a bearish divergence. These two signals suggest that the recent buying activity may have created an imbalance in the market, which could open the door to short-term downward corrections. Key Levels to Watch: 22,000 points – A new critical resistance zone, aligning with the latest all-time high reached by the DAX 40. If buying activity remains strong above this level, it could help sustain the bullish bias and pave the way for further upward movement in the coming sessions. 21,300 points – A nearby support level, corresponding to a neutral zone from previous sessions, and also aligning with the 23.6% Fibonacci retracement level. This area could serve as a potential correction zone, and if price action falls below this barrier, it may lead to a sideways phase in the medium term. 20,300 points – A distant support level, aligning with the 50- and 100-period moving averages. If the price approaches this level, it could revive bearish sentiment and put the current uptrend at risk. By Julian Pineda, CFA – Market Analystby FOREXcom3311
GER40 "Germany 40" Indices Market Bullish Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo!🌟 Dear Money Makers & Thieves, 🤑 💰🐱👤 Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the GER40 "Germany 40" Indices market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is the high-risk Red Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. 🏆💸Be wealthy and safe trade.💪🏆🎉 Entry 📈 : "The vault is wide open! Swipe the Bullish loot at any price - the heist is on! however I advise Place Buy limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest low or high level should be in retest. Stop Loss 🛑: Thief SL placed at the recent / nearest low level Using the 3H timeframe, SL is based on your risk of the trade, lot size and how many multiple orders you have to take. Target 🎯: 22700.0 (or) Escape Before the Target Scalpers, take note 👀 : only scalp on the Long side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰. 📰🗞️Fundamental, Macro, COT, Sentimental Outlook: GER40 "Germany 40" Indices market is currently experiencing a bullish trend,., driven by several key factors. 🟡Macro Economics The global economic slowdown is expected to continue in 2025, with a forecast of 3.0% global GDP growth rate. This slowdown may impact the German economy, leading to a potential decrease in demand for the Euro. 🟣COT Report The latest COT report shows that non-commercials (speculators) are net long 10,000 contracts, indicating a bullish sentiment. 🟠Sentimental Market Retail traders have a bullish sentiment towards GER40, with 60% being long. Institutional investors have a bearish sentiment towards GER40, with 55% being short. 🔵Positioning Institutional traders are holding short positions in GER40, indicating a bearish sentiment. Retail traders are holding long positions in GER40, indicating a bullish sentiment. 🟢Overall Outlook GER40 is expected to trend bullish in the short term, driven by the bullish sentiment among retail traders and the European Central Bank's accommodative monetary policy stance. However, the pair may experience a short-term correction due to the bearish sentiment among institutional traders. ⚠️Trading Alert : News Releases and Position Management 📰 🗞️ 🚫🚏 As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions, we recommend the following: Avoid taking new trades during news releases Use trailing stop-loss orders to protect your running positions and lock in profits 📌Please note that this is a general analysis and not personalized investment advice. It's essential to consider your own risk tolerance and market analysis before making any investment decisions. 📌Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly. 💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀 I'll see you soon with another heist plan, so stay tuned 🤑🐱👤🤗🤩Longby Thief_TraderUpdated 7
Divergence Trading Explained For Beginners -DAX Pullback TradeTrading divergence in the Forex or Stock market can be an important tool. Learn how to identify divergences & practically apply them to your technical analysis to increase your edge & profits in the financial markets. In this video you'll learn What is a bullish and bearish divergence How to use divergence to spot potential reversals in the market How to use volume to identify key levels of reversals How to measure out a "Kill Zone" What are tweezer tops & tweezer bottoms & why they are important How to use the Fibonacci retracement tool How to use the Relative Strength Index (RSI Indicator) Your Trading Coach - Akil Education07:52by Akil_Stokes101013
German Dax Long H4 PlayTrade Setup Overview Entry Price: 21,536.37 Target Price: 22,264.79 Stop Loss: 21,293.57 Risk-Reward Ratio: 1:3 Trade Type: Buy Limit Order Technical Indicators Analysis Moving Averages Price action shows strong bullish momentum with price maintaining position above the 200 EMA Notable clean rejection of the 50 EMA, indicating potential continuation of upward movement The spacing between moving averages suggests a healthy trend structure MACD (Moving Average Convergence Divergence) MACD showing bullish reversal signals following recent retracement Potential for positive momentum continuation as MACD turns upward Signal line crossover could provide additional confirmation of bullish momentum Market Structure Overall bullish market structure remains intact Recent retracement provides opportunity for value entry Higher lows and higher highs pattern supporting bullish bias Risk Management Total Risk: 242.8 points (Entry - Stop Loss) Potential Reward: 728.42 points (Target - Entry) Conservative position sizing recommended due to market volatility Consider trailing stop loss after price moves 1:1 in favor Key Levels to Watch Immediate Resistance: 22,000 (psychological level) Secondary Resistance: 22,264.79 (target price) Primary Support: 21,536.37 (entry price) Critical Support: 21,293.57 (stop loss) Trade Management Strategy Enter at specified limit price of 21,536.37 Initial stop loss placement at 21,293.57 Consider scaling out positions: First take-profit at 1:1 risk-reward Move stop loss to break-even after first target hit Let remaining position run to final target of 22,264.79 Additional Considerations Monitor overall market sentiment and correlating indices Watch for potential catalysts that could affect German/European markets Keep track of volatility indicators for potential position size adjustments Consider reducing position size if VIX shows significant increase Trade Visualization Price currently showing momentum above key moving averages with room to run toward target. The recent retracement provides a value entry point with clear invalidation level at stop loss. Remember to always follow your trading plan and maintain strict risk management protocols.Longby FXCapitalClubUpdated 15155
DAX GE40 Counter Trend Trade IdeaThe DAX is currently overextended, having reached all-time highs and trading at the top of its range. I'm anticipating a pullback on GE40 down to equilibrium for a potential counter-trend short. Once price retraces and establishes support, I'll be watching for a bullish market structure break as a signal to go long. This is not financial advice.01:02by fxtraderanthonyUpdated 777
GER40:Effects of Vice President Vance at the Paris SummitIntervention at the Paris Summit During the recent Paris Summit, Vice President Vance highlighted the importance of international cooperation to address global challenges. In his remarks, he stressed the need for a more flexible regulatory approach that drives technological innovation and strengthens international security. His message focused on fostering dialogue and coordination among nations, which was interpreted as a stimulus for stability on the global stage and, therefore, for financial markets. The key message was that, in a booming market, deregulation-when applied in a balanced way-can be an engine of innovation and growth. It is about reducing bureaucratic barriers to allow companies to adapt and expand more nimbly, boosting competitiveness without sacrificing stability in areas such as artificial intelligence, data privacy and economic stability. The idea of encouraging deregulation in a burgeoning market does not run counter to the vision of the summit's organizer, the French president, who is more inclined to advocate stricter regulation in key sectors such as technology and the digital economy. France, like other European Union members, has expressed a concern about the potential dangers of a lack of regulation in emerging markets, fearing that excessive deregulation could lead to harmful practices, especially in areas such as artificial intelligence, data privacy and economic stability. “You shouldn't over-regulate in markets in full economic bloom” and adding to what Vance mentioned there is a popular saying, ”Regulation Kills Innovation. Developments in the German market Shortly after the summit, a positive response was seen in the German market. The selective DAX 40 index advanced by 2.09 % and exceeded 22,600 points, reaching 22,612.02 points and marking a high for the fourth consecutive day. This growth is attributed both to the expectations generated by a possible negotiated resolution of international conflicts and to internal market factors, which were reflected in the performance of key sectors such as industry and technology. Likewise, other indices, such as the MDAX and TecDAX, showed increases, evidencing an environment of optimism among investors. Impact on Investor Confidence and Future Prospects The communication of stability and cooperation in the international arena, reinforced by Vance's intervention, has helped to strengthen investor confidence. The positive performance of the DAX 40 acts as a barometer of this sentiment, suggesting that both international policy and domestic performance can drive sustained growth. Looking ahead, it is expected that the follow-up of these events and the consolidation of international agreements will continue to favorably influence the stock market environment, allowing for balanced and sustained growth. Key news for the DAX today Euro-denominated economic indicators - especially GDP growth, inflation and employment - have the most potential to affect Germany and thus the DAX, as they reflect the health of the European economy and condition monetary policy, which directly influences investor confidence and the performance of the German stock market. Technical analysis Since Wednesday, February 5, there has been a “golden crossover” of averages that has been expanding over the past two weeks until today. Since the opening of the Asian trading day, the RSI has remained relatively overbought at 60.74%. The control point is around 21,525 points, well below the high of 22,816.91 points. The last strong support is at 21,950 points and the next support of the last impulse is at 22,315 points, being the middle zone of the current bullish channel. As the current price is at 22,525 points, we will have to see during this Friday's trading day if the week ends with a retest of the highs. If they resist we could have a partially sideways start of next week and if it surprises, we could see a new development in the direction of 22,800 points. Conclusion Vice President Vance's speech at the Paris Summit has marked a milestone in the perception of global stability, reflecting directly on the performance of the German market. The remarkable rise of the DAX 40 and the positive response of other indices underline the interrelationship between international politics and economics. In a context of global uncertainty, the synergy between these two spheres stands as a crucial factor in maintaining and boosting investor confidence in the European market. ******************************************************************************************* The information provided does not constitute investment research. The material has not been prepared in accordance with the legal requirements designed to promote the independence of investment research and such should be considered a marketing communication. All information has been prepared by ActivTrades ("AT"). The information does not contain a record of AT's prices, or an offer of or solicitation for a transaction in any financial instrument. No representation or warranty is given as to the accuracy or completeness of this information. Any material provided does not have regard to the specific investment objective and financial situation of any person who may receive it. Past performance is not reliable indicator of future performance. AT provides an execution-only service. Consequently, any person acing on the information provided does so at their own risk. Longby ActivTrades4
DAX (DE40) INTRADAY consolidation supported at 22220The DAX (DE40) intraday price action sentiment appears bullish, supported by the longer-term prevailing uptrend. However, since the spike to intraday all time high at 22620 on 13th January 2025, the DAX price action is consolidating sideways, potentially indicating the overbought condition. The key trading level is at the 22220 level, which is the 61.8% Fib retracement from 12 Feb ’25 swing low. A corrective pullback from the current levels and a bullish bounce back from the 22220 level could target the upside resistance at 22480 followed by the 22620 and 22700 levels over the longer timeframe. Alternatively, a confirmed loss of the 22220 support and a daily close below that level would negate the bullish outlook opening the way for a further retracement and a retest of 22154 support level followed by 22000 and 21800. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice. by TradeNation7
DAX uptrend continuationThe Dax (DE40) index price action sentiment appears bullish, supported by the longer term prevailing uptrend. The key trading level is at 21703, which is 07th Feb swing low. A corrective pullback from the current levels and a bullish bounce back from the 21703 level could target the upside resistance at 22000 followed by 22096 and 22200 over the longer timeframe. Alternatively, a confirmed loss of 21703 support and a daily close below that level could trigger a further retracement and a retest of 21600 support level followed by 21400 and 21240. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice. by TradeNation4
GER30 SHORT GOOD RISK TO REWARD1.All timeframes are overbought 2. This has a previous days high and it constantly getting resisted at this level 3. There is a pattern on H1 4. Against the trend but there is a lot of divergence and consolidation 5. If this is unable to break the H1 trendline must get out immediately 6. 60 pip stop lossShortby JD_TeenTraderUpdated 3