GER30 - REVERSAL IN PLAY AT OVERBOUGHT LEVELS (4HOUR)
Ger30 has reached overbought levels on stochastics.
Alined with a bounce off both and major critical level and a bounce off the 61.8% level,
along with a bounce off a major trend line.
This leading to a very high probability that a reversal is in taking place with;
Targets 1 & 2 in place,
Price action at Target 1 will determine whether I take profits.
Alined with a bounce off both and major critical level and a bounce off the 61.8% level,
along with a bounce off a major trend line.
This leading to a very high probability that a reversal is in taking place with;
Targets 1 & 2 in place,
Price action at Target 1 will determine whether I take profits.