Potential sideways for the bulls 12430 became a new low for GER30 right now at 14200 consolidated but the bulls won’t give up that easily.
Bollinger bands showed a push up that the bulls has a push up potential to go sideways, anyways big fall and the war still going at ukraine. Now GER30 is now getting the experience but need the bulls to take over.. in order for bulls to break 14500 structure area.. then on the way to recent highs.
Don’t think the big fall will happen for GER30 since the new floor had been made.
Watch reversal happens , trade carefully. If the zone area breaks pass below 14000 area it will melt bad
Also if the recent high breaks then on the way to new highs.
Bollinger bands showed a push up that the bulls has a push up potential to go sideways, anyways big fall and the war still going at ukraine. Now GER30 is now getting the experience but need the bulls to take over.. in order for bulls to break 14500 structure area.. then on the way to recent highs.
Don’t think the big fall will happen for GER30 since the new floor had been made.
Watch reversal happens , trade carefully. If the zone area breaks pass below 14000 area it will melt bad
Also if the recent high breaks then on the way to new highs.