GER40 Sell a break of pivotal value. Short

German 40 IndexPepperstone

Description

⋅ Apr 6, 2022 4:55 AM

GER40 - Intraday - We look to Sell a break of 14319 (stop at 14404)

Daily signals are mildly bearish.
14323 has been pivotal.
A break of the recent low at 14323 should result in a further move lower.
Short term bias has turned negative.

Our profit targets will be 14111 and 14071

Resistance: 14400 / 14500 / 14600
Support: 14300 / 14180 / 14105

Trade closed: target reached

⋅ Apr 6, 2022 12:51 PM