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Signal_Centre1

GER40 in possible head and shoulders.

Long
Germany 40 CFD (FOREXCOM:GER40)  
Signal_Centre1  
FOREXCOM:GER40   Germany 40 CFD
Support and Resistance DE40 ger40 dax40 de40signals de40eur ger40long ger40signals dax40long tradeidea
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supportandresistance de40 ger40 dax40 de40signals de40eur ger40long ger40signals dax40long tradeidea
GER40 - Intraday - We look to Buy at 12182 (stop at 12098)

With signals for sentiment at oversold extremes, the dip could not be extended.
A bullish reverse Head and Shoulders is forming.
Bespoke support is located at 12000.
We look to buy dips.
The bullish engulfing candle on the daily chart is positive for sentiment.

Our profit targets will be 12379 and 12419

Resistance: 12300 / 12400 / 12500
Support: 12200 / 12100 / 12000

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