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Niverto
May 4, 2016 10:54 AM

POTENTIAL BUY ZONE (confluence zone fib + RSI) Long

Euro Stoxx 50 index of European listed sharesFXCM

Description

Hi traders,
Price is approaching a nice confluence area with a perfect fibonacci confluence of 50% + 78.6% retracement aligned with the uptrend line. Note also the RSI approaching the oversold area.
I will look carefuly this zone and wait for a signal to go long.

Happy trading,
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