German Index (DE40) – Daily and Lower Time Frame Analysis

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German Index (DE40) – Daily and Lower Time Frame Analysis

Overview:
As we have been covering the German Index (DE40) over the past several days, we are finally observing a shift in momentum. On the daily time frame, the overall momentum has turned bearish, and the price is clearly moving downward.

Key Observations:
Bearish Momentum:

The price is trending lower, signaling a potential continuation to the downside.
Lower Time Frame Confirmation:

Drop down to the 15-minute or 20-minute time frame for a more refined view.
Look for a break of structure and a clear change of character (CHoCH).
Observe if the price is forming lower lows and lower highs, indicating bearish structure.
Entry Considerations:

If the conditions align on the lower time frames, you can look for a short entry.
We are anticipating the price to head towards the key level of 19,675, which is a significant support zone.
Important Notes:
Do Not Follow Blindly: This analysis is for informational purposes only; always use your own strategies and confirm your setups.
Protect Your Capital: Keeping your capital intact is far more important than chasing profits.
Trade Smart, Trade Reactive: React to the price action rather than predicting future moves.