GER40 Bearish Divergence & Structural BreakdownGerman 40 IndexPEPPERSTONE:GER40sunya# 🦅 GER40 19th Nov 2025: 📉 Bearish Divergence & Structural Breakdown 🧩 Asset Class: GER40 (CFD SPOT) | Price: 23,147.5 | Time: 10:35 AM UTC+4 Executive Summary Bias: 🐻 Bearish Reversal / Correction Signal: 🔴 Short on Rally Rejection Confidence: ⭐ High (Divergence Confirmation) Technical Analysis Methodology Trend: While the daily trend remains bullish, the 4H and 1H charts are showing signs of exhaustion. A Rising Wedge pattern has formed, often a precursor to a bearish reversal. 📉 Momentum: RSI (14) is showing clear bearish divergence at 68.0, failing to make new highs alongside price. This indicates waning buying pressure. ⚠️ Volatility: Price is struggling to hold above the upper Bollinger Band, and a rejection here could trigger a reversion to the mean. VWAP is at 23,120, a critical level to watch. 📊 Patterns: A potential Double Top is forming near the 23,200 resistance zone. A break below the neckline at 23,050 would confirm the reversal. 🧱 Key Levels 🛑 R2: 23,250 (Psychological Barrier) 🚧 R1: 23,200 (Double Top High) 📍 Pivot: 23,147.5 (Current Price) 🛡️ S1: 23,050 (Neckline / EMA 50) 🧱 S2: 22,920 (Key Support Zone) Actionable Trade Plan Strategy: Counter-Trend Reversal & Breakdown 📉 Entry 1 (Aggressive): Short Rejection @ 23,180 - 23,200 Entry 2 (Confirmation): Short Breakdown < 23,040 Stop Loss: 23,260 (Above R2/Invalidation) Take Profit 1: 23,050 🎯 Take Profit 2: 22,920 🎯 Disclaimer: Trading involves risk. This analysis is for educational purposes only.