EU50 - Daily - Possible Short Opportunity
Hello Traders,
This graph shows the EU50 index on a daily timeframe.
The graph shows the convergence between actual downtrend channel and EMA100. It also shows a level of resistance on the RSI indicator.
Impact points on resistances and EMA100 are shown by red dots.
The EU50 might go a bit higher but shall reverse downtrend
Do not hesitate to comment
Regards,