Nofzke

Germany 30 reaching a historic Support/Resistance level

Short
WHSELFINVEST:GERMANY40CFD   Germany 40 CFD
As you can see in the Chart Germany30 has reached the levels between 12900-130000 many times before. If we take the economic circumstances to account I believe that the level between 12900-13000 will once again turn out to be a Resistance and price will fall back down to 12000 or maybe even 11500. A reasonable stop-loss would be above 13000 (13100 for example). Please keep in mind that is is my personal opinion and not a recommendation.
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