Ger 40
Why the Buy?
1. Daily Support Level
Price reached a strong daily support zone. The market reacted here instead of breaking lower, this is the first sign buyers were stepping in.
2. 4-Hour Timeframe: CRT Setup
On the 4H chart, a clear CRT (reversal/continuation setup) formed after the drop. This gave the higher-timeframe confirmation that the down-move was likely losing steam.
3. 15-Minute Entry Triggers (where you actually entered):
- Market Structure Shift (MSS) : Price broke the recent lower highs and started making higher highs/lows — the downtrend structure changed to bullish.
- Liquidity available: There were sell-side stops below the lows ready to be taken (fuel for the upward move).
- POI (Point of Interest): entered at a high-probability area (likely an order block on 15m).
Entry Goal: Ride the move up to take out the CRT high (the recent significant high on the 4H).
IS GER40 a Future?
Also where do you get your GER40 news?
Also where do you get your GER40 news?
Mainly Trading Economics, Reuters and sometimes Bloomberg for anything macro. Are, you looking for something specific on it?
IS GER40 a Future?
Yes it is, it's the German DAX futures contract.
