Hey guyz,
my former analysis (linked to this one) showed a major confluence zone where GER30 might find break in it´s bearish bias. Anyway it seems that the marked is ignoring this confluence zone and still looking to test last structure low. In case this structure low will be broken we will become a technically validated down trend. Down trend have a higher velocity than up trends.
Important: :-)
If you like my analysis and find it useful, please take a second and hit the LIKE button and follow me. It takes some time to create these posts and your LIKES let me know it is helpful to you. As always, any comments are welcome. Agree or disagree.
Please remind yourself that this is just my personal view on the market and you always should do your own analysis before trading. My Analysis should not serve as any recommendation to buy or to sell. My analysis are just my ideas and opinion how market could develop.
my former analysis (linked to this one) showed a major confluence zone where GER30 might find break in it´s bearish bias. Anyway it seems that the marked is ignoring this confluence zone and still looking to test last structure low. In case this structure low will be broken we will become a technically validated down trend. Down trend have a higher velocity than up trends.
Important: :-)
If you like my analysis and find it useful, please take a second and hit the LIKE button and follow me. It takes some time to create these posts and your LIKES let me know it is helpful to you. As always, any comments are welcome. Agree or disagree.
Please remind yourself that this is just my personal view on the market and you always should do your own analysis before trading. My Analysis should not serve as any recommendation to buy or to sell. My analysis are just my ideas and opinion how market could develop.
