Short
Look for sell opportunity on Ger30!
Hello traders,
Few days ago I discussed about Ger30 (see my previous analysis) and mentioned of the head and shoulders pattern that was unfolding on it.
I was waiting for further developments to confirm my biased. Price has corrected and printed a bearish continuation pattern after forming a double top, there's a high probability that price will fall. I will consider looking for short positions with three targets: 13870.22, 13738.12 and 13478.56.
Traders, if you find this idea helpful please support this with likes. I will highly appreciate it.
Few days ago I discussed about Ger30 (see my previous analysis) and mentioned of the head and shoulders pattern that was unfolding on it.
I was waiting for further developments to confirm my biased. Price has corrected and printed a bearish continuation pattern after forming a double top, there's a high probability that price will fall. I will consider looking for short positions with three targets: 13870.22, 13738.12 and 13478.56.
Traders, if you find this idea helpful please support this with likes. I will highly appreciate it.
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Related publications
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.