Fundamentals:
- German industrial production declining (-1.8%)
- IFO business climate continuous decline from 105 to below 97 points in a year
- ECB program and rate cut insufficient support for economy
Technical:
- Daily double top formation
- 38.2 Fib level as TP1
Trade:
- Enter trade with SL above recent high
- German industrial production declining (-1.8%)
- IFO business climate continuous decline from 105 to below 97 points in a year
- ECB program and rate cut insufficient support for economy
Technical:
- Daily double top formation
- 38.2 Fib level as TP1
Trade:
- Enter trade with SL above recent high
Disclaimer
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.
Disclaimer
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.