Singkat
GER30 will it break or retrace?!

We're at an interesting point in the history of GER30 since we're only about 200 points away from breaking ATH, with that being said i would recommend you play your positions small and smart.
Currently: in a bullish wedge on the 15 min TF
On the 4 hour TF we can see GER30 potentially forming a bullish channel, slowly inching closer and closer to the upper trend line. It's also oversold on the RSI on all time frames ranging from 15 min - 4 HR. With that being said I'm looking forward to the possibility of a bearish retraction when it hits the upper trend line (15999.50 area). if it breaks the trendline then we should be looking for a bearish re-test around 36500.00.
WISH YOU ALL A PROFITABLE DAY!
Currently: in a bullish wedge on the 15 min TF
On the 4 hour TF we can see GER30 potentially forming a bullish channel, slowly inching closer and closer to the upper trend line. It's also oversold on the RSI on all time frames ranging from 15 min - 4 HR. With that being said I'm looking forward to the possibility of a bearish retraction when it hits the upper trend line (15999.50 area). if it breaks the trendline then we should be looking for a bearish re-test around 36500.00.
WISH YOU ALL A PROFITABLE DAY!
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.