ThinkingAntsOk

"Top and Bottom Analysis" EUROSTOXX (EU50EUR) by ThinkingAntsOk

Short
OANDA:EU50EUR   Europe 50
4H CHART EXPLANATION:

Main Items we observe on the Chart:

- Price broke the Ascending Channel and, then, bounced on the Resistance Zone.
- If price breaks the Ascending Trendline at 3381, it has potential to move down towards the Support Zone at 3300.

We are looking for Sell Setups on lower timeframes.

MULTI TIMEFRAME VISION:

- Weekly

- Daily

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.