The breakout of GER30 through the support line of a Descending Triangle could be a sign of the road ahead. If this breakout persists, we expect the price of GER30 to test 11992.3635 within the next 8 days. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
After testing support twice in the past, GER30 has finally broken through. Can we expect a bearish trend to follow?
