Big movement expected on GER30 after a breach of the resistance

GER30 has broken through a resistance line of a Channel Down and suggests a possible movement to 15528.6320 within the next 4 days. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 26 days.