{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/forexschoolonline.com\/technical-analysis-germany-30-index-inside-bars-continue-7th-oct-14\/#BlogPosting","mainEntityOfPage":"https:\/\/forexschoolonline.com\/technical-analysis-germany-30-index-inside-bars-continue-7th-oct-14\/","headline":"Technical Analysis of Germany 30 Index as Inside Bars Continue | 7th Oct 14","name":"Technical Analysis of Germany 30 Index as Inside Bars Continue | 7th Oct 14","description":"The Germany 30 Index or the DE30 as it is also known has continued lower after we made our last post on the 1st Oct Germany 30 Fires Off Insde Bar on Daily Chart. As we covered in that commentary, this market has recently been moving strongly lower with a string of aggressive bearish signals […]","datePublished":"2014-10-07","dateModified":"2019-08-05","author":{"@type":"Person","@id":"https:\/\/forexschoolonline.com\/author\/jonfox\/#Person","name":"Johnathon Fox","url":"https:\/\/forexschoolonline.com\/author\/jonfox\/","identifier":1,"description":"Johnathon is a Forex and Futures trader with over ten years trading experience who also acts as a mentor and coach to thousands and has written for some of the biggest finance and trading sites in the world.","image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/d0b589a007c132efe23124c05a02b68524844c0089401129bd50bc12ee59d3a9?s=96&d=monsterid&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/d0b589a007c132efe23124c05a02b68524844c0089401129bd50bc12ee59d3a9?s=96&d=monsterid&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"Forex School Online","logo":{"@type":"ImageObject","@id":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","url":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","width":240,"height":60}},"image":{"@type":"ImageObject","@id":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2014\/10\/ibbeeb.png","url":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2014\/10\/ibbeeb.png","height":"586","width":"1094"},"url":"https:\/\/forexschoolonline.com\/technical-analysis-germany-30-index-inside-bars-continue-7th-oct-14\/","about":["Price Action Charts in Focus"],"wordCount":290,"articleBody":"The Germany 30 Index or the DE30 as it is also known has continued lower after we made our last post on the 1st Oct Germany 30 Fires Off Insde Bar on Daily Chart. As we covered in that commentary, this market has recently been moving strongly lower with a string of aggressive bearish signals including a false break pin bar followed up by a bearish engulfing bar (BEEB) and inside bar (IB).Price has now once again followed this pattern of moving lower aggressively with price forming another inside bar and another bearish engulfing bar, with the high of the engulfing bar moving higher during the recent daily session to test the recent resistance. Price tested the resistance before the bears came in and smashed price back lower with the price closing close to the session and BEEB lows.This market is in a heavily sideways market and from here if price can continue to move lower the next near term support level looks to come in around the\u00a09089.80 level. Whilst this move lower has been a strong and aggressive one,\u00a0this has still only been one move lower or one leg lower and there is no clear trend in place in this market as of yet. For that to take place price would need to break our of the sideways trading. Note:\u00a0If you are looking for a broker and charts that provide the correct New York close 5 day MT4 charts and both Forex and also other markets such as Indices and major commodities check out the article here:\u00a0Recommended Charts and Broker For Price Action Traders Germany 30 Index Daily Chart Related Forex Trading Education– The Real Reason Forex Traders Fail – Think and Act Like a Pro"}