Today, I have placed short trades on GER40. I can see that I believe this is a rounded top formation and using the fib retract I believe this is a good entry point for a short trade. SL is placed at the nearest peak on the 2H candles. TP is 19.800.
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.