GER30 LONG POSTION 250 +PIPS POTENTIAL

Long position towards monthly downtrend. 250+ pips

Bullish engulfing confirming bullish sentiment and bias along with ma's.

Along with the clear bounce off the 50% fib level and monthly support level towards 38.2% fib.

Price action at 38.2% will further confirm my position.

Commento:

As long as theres a bounce off the major critical level im firmly in a buy position.

Patience is key. Find the right levels.

Ordine annullato:

Trend line broken making the trade inactive.

Commento:

A reversal and short could be on the cards.