GER40 did not react at the 0.7–0.8 retracement of the previous bearish leg, indicating underlying strength. Price has since formed equal highs (EQH), which now serve as a logical liquidity target for the next upside move.
I expect a brief manipulation or pullback early in the week, followed by bullish expansion toward the 24,500 area.
I’ll share updates as the setup develops — follow for further analysis.
I expect a brief manipulation or pullback early in the week, followed by bullish expansion toward the 24,500 area.
I’ll share updates as the setup develops — follow for further analysis.
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