Hello My dear Indices Traders,
This is our Day Trade master plan to Heist Bullish side of EUROPE 50 Market. my dear Looterss U can enter at the any point above my entered area, Our target is Red Zone that is Hgh risk Caution area, If There is any Bad news it make our heist very sad and if the news is favorable for us then we can continue our looting from there...
4000 is an interesting number for Europe 50 index. This is the value that acted as resistance in July 2007 which reversed around 80% of upward movement. Also, this was the highest point before the 2008 market crash.
Europe 50 is increasing at an increasingly fast rate near a powerful resistance which could only be explained by one scenario. The market could very...
If the price will hold above the 5-Years High I will look for the Buy entry.
But if it is only a false breakout and daily candle will close below it will be Sell.
Waiting for the confirmation.
Dear followers, the best "Thank you" will be your likes and comments!
Before to trade my ideas make your own analysis.
Thanks for your support!
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I Publish Daily chart updates on over 49 Assets including Forex pairs, Indices, Commodities, Metals, Cryptos and more. Watch them via the above link
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I Publish Daily chart updates on over 49 Assets including Forex pairs, Indices, Commodities, Metals, Cryptos and more. Watch them via the above link
Very good high probability setup for change in direction. Strong level of support. RSI oversold with divergence and last leg sign of a retracement. Bears couldn't break lower that lever last week. If Italian election ends well and Merkel do her job for Germany things might go pretty well.Relatively cheaper equities in EU makes me think 2018 EU may overperform US...
We can see a clear upward channel here. Unless we see a breakout, I expect further bullishness. We may see some sideways movement first as there may be some resistance from the recently completed triangle. If this is broken, rapid increases are possible.
