DeltaZeroFinance

SX5E Elliot Wave cicle ended.

Long
TVC:SX5E   Euro Stoxx 50 Index
TVC:SX5E
With the minimun of the 9th February, which rapresent 38.2% Fibonacci retracement of the entire Elliot Wave's structure, should be concluded the corrective pattern ( ABC ).

Short term target:
Upside area 3450/3460
Just with the breakout of 3307 first target in area 3215/3220.