Ger30 retracementg to 0.5 fib

Ger30 looks to be retracing back to 0.5 Fibonacci which is also in line with the bottom of the main TL and could provide us with another leg up which would be with the overall trend ... providing that it closes where the arrow is... also notice how is previous bars have rejected this level it is also looks to be resting on 50 EMA