📌 The 1-hour structure on German30 clearly reflects a bullish trend, with price action confirming higher highs and higher lows. After a healthy retracement into the discount zone, price tapped into a well-defined 1H demand zone, validating demand strength. Following that, the internal structure has shifted bullish, suggesting momentum is favoring buyers. Plan is to wait for price to return to the M15 demand zone before entering long. Targeting the previous high at 24,547.8. Clean setup aligning with higher timeframe bias.
Trade closed: stop reached
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.