Think_More

Is the German stock index about to break the upper limit?

OANDA:DE30EUR   Germany 30
Is the German stock index about to break the upper limit?




This figure shows the line chart chart of German stock index since the beginning of 2019. As shown in the figure, the German stock index has reached the top of the head, shoulder, and top shoulder positions in 2021, and is about to test its previous high! So in the future, the starting points for bearish positions after the top of 2021, 16125 and 15916, can be used as key points to judge the strength of the German stock index; In the middle of these two points, there is a slightly stronger form; Below these two points, it is a weak form!

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.