GER30 4/45 !!!!

21 thg 7, 2021

Subject: The upward movement that we saw yesterday in these individuals has hit the resistance area 15470, which we have already seen the price reaction to this price area. On the other hand, this area is at the level of 0.619 of our big wave, and on the other hand, this price is at the intersection. It is also our downtrend line, so all this talk we expect a correction for this indicator

Our point is to correct area 15318 for the following reasons:

1 - This area is one of the most important price areas with which the price has been very involved in the last few days
2 - This area is at the level of 0.382 of our uptrend
3 - This area is also at the level of 0.236 of our correction wave
4 - On the other hand, this area is at the intersection of the uptrend line and our levels, and we expect prices to hit these levels.
Candle analysis:
In the daily timeframe we have a strong ascending candlestick that has hit a resistance area and we expect to create a doji for the next day which makes our correction not deep and here too our area is very little correction

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