GER40 Sell the 20 EMA.
Updated
GER40 - Intraday - We look to Sell at 13028 (stop at 13153)
Daily signals are bearish.
Rallies continue to attract sellers.
Price action produced another negative day, yesterday.
Preferred trade is to sell into rallies. 20 4hour EMA is at 13060.
Our profit targets will be 12707 and 12627
Resistance: 12700 / 12850 / 13000
Support: 12600 / 12430 / 12200
Daily signals are bearish.
Rallies continue to attract sellers.
Price action produced another negative day, yesterday.
Preferred trade is to sell into rallies. 20 4hour EMA is at 13060.
Our profit targets will be 12707 and 12627
Resistance: 12700 / 12850 / 13000
Support: 12600 / 12430 / 12200
Trade closed: target reached
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