After an impulsive bearish move in the GER30 last week, the price is now forming a bullish corrective move and a rising wedge pattern, which typically has a bearish bias.
Additionally, the price has reached the 1-hour 200 EMA, which could act as dynamic resistance. There's also a bearish divergence between the price and the momentum oscillator on this timeframe.
These factors together suggest a bearish outlook.
Additionally, the price has reached the 1-hour 200 EMA, which could act as dynamic resistance. There's also a bearish divergence between the price and the momentum oscillator on this timeframe.
These factors together suggest a bearish outlook.
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As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.