GER40 has bounced off the support level, which is a pullback support and could rise from this level to our take profit.
Entry: 24,078.28
Why we like it:
There is a pullback support level.
Stop loss: 23,658.97
Why we like it:
There is a swing low support level.
Take profit: 24,700.50
Why we like it:
There is a pullback resistance level that aligns with the 61.8% Fibonacci retracement.
Entry: 24,078.28
Why we like it:
There is a pullback support level.
Stop loss: 23,658.97
Why we like it:
There is a swing low support level.
Take profit: 24,700.50
Why we like it:
There is a pullback resistance level that aligns with the 61.8% Fibonacci retracement.
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