GERMANY30 SHORT! oversold weak economy and other reasons
Dear Traders
please take this absolutely personal opinion on the above as just an idea not a trading advise
The idea based on the fact we can see the weekly candles and forming of H&S indicating the reversal of the growing faze, also, the oversold RSI and volume dropping the market is exhausted. Looking at the price channel the healthy level of the correction as indicated by T/P
Anyway, lets wait and see?
please take this absolutely personal opinion on the above as just an idea not a trading advise
The idea based on the fact we can see the weekly candles and forming of H&S indicating the reversal of the growing faze, also, the oversold RSI and volume dropping the market is exhausted. Looking at the price channel the healthy level of the correction as indicated by T/P
Anyway, lets wait and see?
Trade active
Note
the trade is going and t/p getting closerTrade active
despite the fact the price has gone down to 17060 and bounced back I'm still very Bearish on the market and looking for the t/p target in a near future
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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.