GER40 Intraday Short: Riding Bearish Momentum as Resistance Holds Firm

GER40ShortIntraday1d ago3 views

Trade Setup

Entry Price

22364.00

Stop Loss

22532.00

Take Profit

22029.00

Risk : Reward

1 : 1.99

RiskReward

Market Overview & Trend Analysis


Alright folks, let's dive into the GER40 today. The market currently sits at 22330.16, showing a 24h change of -69.84 points, or -0.31%. This confirms what my charts have been screaming: the trend is unequivocally bearish. As always, "the trend is your friend," and I'm not fighting this momentum. Price has been trading within a day range of 22225.39 to 22434.92, indicating some consolidation, but with a clear bias to the downside.

Comments

Loading comments...