Very bearish market geometry on display in the Euro Stoxx 50 chart. Bearish are certainly in control with bulls failing to create new highs this years and also a recent failed to re-enter the trading range.
P&F count for this one brings us down the 3100, this ties up nicely with a the previous horizontal resistance developed in 2016.
Good luck!
For more info on potential entry points Join my discord! discord.gg/TedG8z2
P&F count for this one brings us down the 3100, this ties up nicely with a the previous horizontal resistance developed in 2016.
Good luck!
For more info on potential entry points Join my discord! discord.gg/TedG8z2