GER40 Buy at 50 EMA.
Updated
GER40 - Intraday - We look to Buy at 16133 (stop at 16083)
Daily signals are bullish.
There is no clear indication that the upward move is coming to an end.
Dips continue to attract buyers.
We look to buy dips.
50 4hour EMA is at 16130.
We look for a temporary move lower.
Our profit targets will be 16273 and 16293
Resistance: 16200 / 16250 / 16300
Support: 16150 / 16100 / 16050
Daily signals are bullish.
There is no clear indication that the upward move is coming to an end.
Dips continue to attract buyers.
We look to buy dips.
50 4hour EMA is at 16130.
We look for a temporary move lower.
Our profit targets will be 16273 and 16293
Resistance: 16200 / 16250 / 16300
Support: 16150 / 16100 / 16050
Trade closed: stop reached
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.