What happens to Europe in the long run?

AMEX:VGK   Vanguard FTSEEuropean ETF
Such a thought provoking chart. Monthly log scale and chart is forming a symmetrical wedge . There are so many scenarios at play right now that either push Europe into a breakout economy or into a turmoil.

No specific trade here or anything. Current chart looks like it will be harder to go much lower here but we'll see.

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