Confluence of support just above the psychological level of 3000... Waiting for the candle to close.
See confluence of 50MA (h4) , previously inflected horiz resistance & 50% retracement. I have went short here at yesterdays open. SL placed just above market high. This will moved once I see a reaction to the downside further improving my R:R on the trade. I always place my SL's at the point where my opinion is proved wrong. If a new high is printed here then my...
Almost identical setup on the EURO STOXX as on the DAX. Big short setup, first set up in a potential new bearish trend. The pattern was triggered by a nice big selloff candle, indicating strong bearish momentum. Will it continue? On balance of probability it should. Either way, I wouldnt want to hold any stake in EURO STOXX 50 or DAX at this time. Trade safe....
If the STOXX 50 breaks the blue trendline (I mean, if it closes below it), there is a serious possibility that it will continue to fall (at least) until the area 3330/3335 points.
The leading European index EURO STOXX 50, could see a new lower low in the 3,060 area if breaks down the short-term ascending trend-line.
50/50 bias formation. Mostly like bullish outbreak, given positive signs in US Equities.
Euro Stoxx 50- Major breakout inevitable. Symmetrical triangle formation breakout will be violent. 50/50 chance of either bullish or bearish breakout.
1-2-3 Low inside a big rectangle linked to 2015's maximums
The european Index, DJ Euro Stoxx 50, representing the biggest 50 enterprises (marketcapitalisation) in Europe, has crossed the upper limit of the very long symmetrical triangle. The fundamental data from EU-Zone and Europe are positive; only the EURO could be an obstacle because it had gained force in comparison with the US-Dollar. But this should change during...
This could be a large WXY flat correction. We are in the last Y wave down. It could be a hefty gain. Target at 2655 level is the minimum. I like European indexes clean charts and ideal touch points as you could see in the EURO Stoxx 50 here.
Weekly (blue) and monthly (red) levels. active layers dashed A neutral scenario waiting to see whether it will be a continuation or a return. www.leonardofranci.com
Hello everyone! Following recent fall in global stock markets, if the downtrend continues, OANDA:EU50EUR will likely form the bullish blue wave. As a possible confirmation for current continuous downtrend, minor yellow wave is being formed. However, even if it doesn't succeed and the price reaches 349x-35xx support area, this will provide an interesting...
we have a nice chance for an breakout above the resistence zone
The Eurostoxx 50 is being to splutter.. the rally since the 8th February is slowing, and a very bearish divergence has formed since the 10th March. The lower high set today confirms that these stocks are looking tired. Our key support target is 3400.
TVC:SX5E The amazing price action... -Reversal double bottom; -Major bearish trendline broken, the double bottom "neck" broken, validating the double bottom; -Found resistance at Bearish Butterfly territory; -Two targets for the Butterfly, the second @2933$ (618% retracement) will forge the 2618 bullish setup with initial and default targets around 3600$, the...
After a downward breakout from a consolidation figure (flag), the EuroStoxx 50 is pulling back in the Distribution zone between 3232 and 3251 points. The index is approaching a ST pivot at 3243, but there are strong resistances in the area around 3250: these points are potential sell levels when the pullback momentum weakens.
Fino alla scadenza tecnica opzioni di gennaio puo continuare ad oscillare intorno al valore 3300 Supporto importante 3250 Resistenza 3330 Al link una panoramica intermarket youtu.be