MoolahMaker

Stoxx 50 / SX5E - Short Long Term - Up to 1000 Pips Opportunity

Short
MoolahMaker Updated   
TVC:SX5E   Euro Stoxx 50 Index
SX5E seems to not be able to get into a reversal phase yet. If the current support does not hold, we can expect it to fall further below.

However, if the support holds firmly, then the opportunity is lost.

I will keep an eye on it as it does seem to be weak at the moment and open a position at the right time.

Expect to keep it open for at least a week.

Happy trading!
Trade closed manually:
Trade closed for the moment, until further downside movement is confirmed.
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