Short

GER30 D1: BEST Level to SHORT IT +1000/+1500 points(SL/TP)(NEW)

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GER30 D1: BEST Level to SHORT IT +1000/+1500 points(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.


🔸 Summary and potential trade setup
::: DAX /GER30 D1/candle chart review
::: distribution in progress / weak chart
::: FLIP SHORT final TP 14 000
::: Best entry near 15 700 into BOUNCE
::: trading in massive range since May 2021
::: 16000 range highs / 15000 range lows
::: focus on BUY LOW / SELL HIGH strategy
::: 15000 key S/R is WEAK NOW
::: bearish fractal in progress now
::: setup still valid as of today
::: didn't take out recent ATH / failed
::: upside limited from here
::: short-term limited upside
::: HOWEVER heavy resistance overhead
::: 15 700 strong resistance
::: get ready to SHORT from overhead
::: BEARS will take over soon
::: lower risk setup is SHORT
::: get ready to SHORT HIGH later
::: once we hit resistance at 15 700
::: TP BEARS TP1 +1000 points TP2 +1500 points
::: SHORT/HOLD setup with great risk:reward
::: BEARS TP FINAL is 14 000
::: recommend to SHORT/HOLD
::: recommended strategy: SHORT/HOLD
::: 15 600 reversal level to SHORT IT
::: BULLS focus on BUYING LOW
::: near 14 000 / 14 200 later
::: TP BULLS is 14 750 points
::: SWING trade setup do not expect
::: fast/miracle overnights gains here
::: good luck traders
🔸 Supply/Demand Zones
::: 14 000 fresh demand zone
::: 15 700 fresh supply zone
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BEARS
::: Sentiment outlook mid-term: BEARS

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