German 40 IndexShort
GER40-SELL strategy 12 hourly chart
The movement upwards was very extreme, and it resembles TSLA shares reaching such RSIs, but in the end a large corrective action follows. I feel we will see correction of the index towards 20.450 from the current 21,315 area.
Strategy SELL @ 21,250-21,375 and take profit near 20,750 for now.
Strategy SELL @ 21,250-21,375 and take profit near 20,750 for now.
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.