DeltaZeroFinance

SX5E Elliot Wave cicle ended.

Long
TVC:SX5E   Euro Stoxx 50 Index
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.


Delta Zero team.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.