Germany 40Short
Ger40, Caution advised for the perma bulls!!
We've completed a large overarching turquoise structure, reaching the target levels. Simultaneously, we've hit the target levels of the orange structure and reacted immediately. This indicates we might head down to the OCL (Overall Correction Level) to gather new momentum.
So, I anticipate a possible scenario where we first gain some upward momentum (as indicated in the green box) before turning and heading downward. Caution is advised for those who believe the German economy will continue to grow without corrections, as we are currently in a significant correction phase.
So, I anticipate a possible scenario where we first gain some upward momentum (as indicated in the green box) before turning and heading downward. Caution is advised for those who believe the German economy will continue to grow without corrections, as we are currently in a significant correction phase.
Here, I share my market outlooks, highlighting key levels and directions I'm watching. This isn't financial advice—just my perspective. Don't follow blindly; always do your own research.
Here, I share my market outlooks, highlighting key levels and directions I'm watching. This isn't financial advice—just my perspective. Don't follow blindly; always do your own research.
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