GER40 Sell a break setup.
GER40 - Intraday - We look to Sell a break of 14178 (stop at 14276)
Daily signals are bearish.
A break of yesterdays low would confirm bearish momentum.
50 4hour EMA is at 14230.
The bearish engulfing candle on the daily chart is negative for sentiment.
Our profit targets will be 13931 and 13841
Resistance: 14380 / 14500 / 14580
Support: 14180 / 14100 / 14000
Daily signals are bearish.
A break of yesterdays low would confirm bearish momentum.
50 4hour EMA is at 14230.
The bearish engulfing candle on the daily chart is negative for sentiment.
Our profit targets will be 13931 and 13841
Resistance: 14380 / 14500 / 14580
Support: 14180 / 14100 / 14000
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