TradingView
Forexintelligence_NA
Sep 13, 2021 9:24 AM

A sell opportunity on Ger30 Short

Description

Hello Traders, here is my quick analysis of Ger30. For quite some times it was trading between my plotted A and B horizontal level and the supply zone. After that we saw a strong move to the downside violating level A and B. We see price pulling back into this level. My forecast is bearish and if price refuses to climb above level A and B, we might see it pulling down and this time it might fall to 15330.04

Sell positions can only be opened if A and B level gets rejected together with bearish confirmation candles.


If you like this idea please show support with a like. If you have different thought on this please do share it in the comment section below.

Trade smart.
Comments
amkhan
am afraid I see that your Demand zone is wrong here...imho...Dax has reclaimed the demand zone it was vibrating thru and likely to go for diagonal TL from the recent 2 tops of Supply zone. Lets see. GL!
More