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GER40 Sell a break setup.

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German 40 Index (PEPPERSTONE:GER40)  
Signal_Centre1  
PEPPERSTONE:GER40   German 40 Index
Trend Analysis Support and Resistance ger40 DE40 dax40 tradeidea Forex de40short dax40short ger40short ger40sell
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trendanalysis supportandresistance ger40 de40 dax40 tradeidea forex de40short dax40short ger40short ger40sell
GER40 - Intraday - We look to Sell a break of 13479 (stop at 13561)

Daily signals are bearish.
There is no clear indication that the downward move is coming to an end.
A break of the recent low at 13483 should result in a further move lower.
Our outlook is bearish.

Our profit targets will be 13281 and 13231

Resistance: 13650 / 13720 / 13800
Support: 13500 / 13400 / 13270

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