Selling short in upward momentum. Topping around 14200. Selling pressure will increase due to the German import prices which stands at 31.2% in March, highest in 48 yrs and above market expectations. Take into account that there is an possibility that an announcement will take place in the upcoming days from Gazprom about gas deliveries to Germany are about to set...
Apart from economics & geopolitics..
The trend is downward. My first thoughts are that the trend remains between the red line A and B. This is the ''most aggressive'' down trend I'm on right now. Inside you can see small support lines where the price could bounce (nr 1,2,3,4,5). The volume at the support areas can therefore increase. Also pay attention to hammers,...
