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GER30 (4HOUR) POTENTIAL DOUBLE TOP FORMING 450+ PIP POTENTIAL

554
GER30 looks set to have reached overbought conditions,

with multiple confirmations resulting in my short position,

1. A critical level being reached resulting in the beginning of a double top formation,

2. Overbought levels with a divergence imminent,

3. 200ma acting as a key target level at 3 with near to 500 pip potential.

Risk management level put in place to confirm. Waiting on price action and a break of the trend line to confirm the position.
Not
Pattern appears to be completing its final stages of the double top.
İşlem kapandı: durdurma seviyesi
Trade invalidated due to stop lose being breached.
Not
Price action and bulls are in control now, awaiting new signs of potential reversals.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.