German 40 Index
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GER 40 Poised to Reach 19,300 - 19,450

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GER 40 Poised to Reach 19,300 - 19,450

The GER 40 has broken out from two strong resistance zones that previously halted its progress, indicating potential for further gains. This week, we’ve observed a general uptrend across most indices, with the GER 40 being a notable performer.

After a prolonged period, the price tested the 18,900 zone and successfully broke through. This breakout has formed a bullish triangle pattern, suggesting further growth and the possibility of new all-time highs.

It seems incredible, but indices are hitting record highs even as market discussions revolve around recession and other uncertainties. Given the current momentum, the GER 40 may easily reach the 19,300 - 19,450 range.

You may find more details in the chart!
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交易結束:目標達成
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交易結束:目標達成
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