GER30 Short
Pivot: 16225.00
Our preference:
short positions below 16225.00 with targets at 15860.00 & 15680.00 in extension.
Alternative scenario:
above 16225.00 look for further upside with 16350.00 & 16470.00 as targets.
Comment:
as long as the resistance at 16225.00 is not surpassed, the risk of the break below 15860.00 remains high.
Our preference:
short positions below 16225.00 with targets at 15860.00 & 15680.00 in extension.
Alternative scenario:
above 16225.00 look for further upside with 16350.00 & 16470.00 as targets.
Comment:
as long as the resistance at 16225.00 is not surpassed, the risk of the break below 15860.00 remains high.
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