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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
Support and Resistance DE40 ger40 dax40 dax40short ger40short ger40signals de40short tradeidea Forex
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supportandresistance de40 ger40 dax40 dax40short ger40short ger40signals de40short tradeidea forex
GER40 - Intraday - We look to Sell a break of 14178 (stop at 14276)

Daily signals are bearish.
A break of yesterdays low would confirm bearish momentum.
50 4hour EMA is at 14230.
The bearish engulfing candle on the daily chart is negative for sentiment.

Our profit targets will be 13931 and 13841

Resistance: 14380 / 14500 / 14580
Support: 14180 / 14100 / 14000

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