The GER30 index is barely holding back from falling prices

  • Oct 04 2021
  • by
  • Analyst AZA
The GER30 index is barely holding back from falling prices

The GER30 index is barely holding back from falling prices

After the opening of trading on the stock exchange, the GER30 index opened with a gap down and began to rapidly lose its price. The price kept from further falling only because of the support level at the price of 15018. Also, the even level of 15000 helps to keep it higher. But bearish traders think differently and push the price lower and lower. You place our order to open a position to break through the even level of 15000. If this level is broken, then there will be nothing to restrain the bears.

Symbol: GER30
Order Type: Pending Order - Sell Stop
Entry Price at 15000
Take Profit at 14900
Pips Earning: 100

Forex trade strategy for major currency pairs:
EURUSD buy at the price of 1.1635
USDJPY sell at the price of 111.00
XAUUSD sell at the price of 1747.00
USDCHF sell at the price of 0.9260

The result of a trade recommendation.

The result of a trade recommendation.

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Daily technical analysis of stock indices from AZAforex
The profit can be $100.00 if the trading volume of 1 Futures.
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