Largo

GER30 Daily

191
Beautiful higher timeframe retest of previous key level resistance looking left, as new support forming a higher low. 3 weeks now price has closed above this key region, & above this zone I am looking for price to resume the overall uptrend..

A lot of confluence in this region as it also aligns with the 50 fibonacci retracment of the previous impulsive stage. The corrective stage may now be coming to an end, & the trend may enter back into the impulsive stage of the uptrend as buyers are building up liquidity here.

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