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Continental CON Long term bullish cycle

Long
XETR:CON   CONTINENTAL AG O.N.
Our probability indicator has observed Long Term BOS (Break-of-Structure) on Daily TF.

Essentially what that means is that we closing in on bearish cycle for CON and new bullish leg is forming for longterm continuation of new bullish cycle.

We expect further bearish correction to 68.30 - 64.80 zone ( Current Inverse H&S pattern support zone ) where conditions for perfect LONG entry occur.


Take-Profit should be set within High resistance zone 114.50 - 139.30

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