Forextuitions

Ger30 (DAX) Trade Setup

Short
WHSELFINVEST:GERMANY40CFD   Germany 40 CFD
Technical Analysis-The 4 hour is turning up against 3/16/2020 low as the Daily correction has ended. 1 hour is turning up. However, while near-term bounces fail below 10988 high expect index to extend lower for few more lows before it finished correcting the cycle from 3/16/2020 low as a zigzag structure & resume the upside.

Sell GER30

@10340-360

TP: 10090
Sl: 10420

Good luck !

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.