TradingView
DeltaZeroFinance
Feb 14, 2018 3:08 PM

SX5E EuroStoxx50 Hourly time frame confirm short term "Long" Long

STOXX 50TVC

Description

SX5E
After the US CPI data, the price did a new Low and regain very quickly ground.
In hourly time frame this Low should be the end of the corrective WaveB of the pattern (ABC).
An evident divergence in the RSI should be the a signal for a long target in area 3450 (WaveC)
Confirmation should be provide with the breakout of 3368/3370
More