Buying DE40 on dips.

GER40 - Intraday 9pm UK expiry - We look to Buy at 12534 (stop at 12444)

Short term bias has turned positive.
A lower correction is expected.
Bespoke support is located at 12500.
We look to buy dips.

Our profit targets will be 12744 and 12794

Resistance: 12900 / 13000 / 13100
Support: 12800 / 12700 / 12600

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The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.

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