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

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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.
注释
Pattern appears to be completing its final stages of the double top.
交易结束:到达止损
Trade invalidated due to stop lose being breached.
注释
Price action and bulls are in control now, awaiting new signs of potential reversals.
analysisGER30 CFD

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