DE30 Sell a Break setup.
Updated
GER30 - Intraday - We look to Sell a break of 13854 (stop at 13931)
We are trading at overbought extremes.
A higher correction is expected.
A break of 13850 is needed to confirm follow through negative momentum.
With signals for sentiment at overbought extremes, the rally could not be extended.
allies should be capped by yesterday's high.
The RSI is trending lower.
Our profit targets will be 13632 and 13532
Resistance: 14000 / 14050 / 14100
Support: 13900 / 13800 / 13700
We are trading at overbought extremes.
A higher correction is expected.
A break of 13850 is needed to confirm follow through negative momentum.
With signals for sentiment at overbought extremes, the rally could not be extended.
allies should be capped by yesterday's high.
The RSI is trending lower.
Our profit targets will be 13632 and 13532
Resistance: 14000 / 14050 / 14100
Support: 13900 / 13800 / 13700
Order cancelled
Trade wasn't filled intraday
Related publications
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.