Just looking to short as currently there is divergence on indicators and we are retesting an old supply level, This has already been tested but immediately rejected, but am aiming for this to get back to the 50 ema for a nice R:R short trade
For half a #week #Breakeven &/or #LongTerm #LONG (to be continued: ) #StopManagement and #Exit after Monday's Entry #European #Indices
Momentum broke down uptrend $FEZ, $SX55
Looking to short Eurostoxx based on the higher time frame fibonacci cluster level and the projected wave 5 of 5 completion with RSI overbought at 75 (not RSI's mean much on it's own) Looking to short around 3400 targeting multiple targets from 3375 down to 3158, See how we go...
There is a fibonacci retracement cluster on the weekly chart of the Eurostoxx 50 This ranges from a long term 61.8% up to a 88.6% retracement using the various peaks and the same low point formed last December 2018 There is also a clear 5 wave advance from the lows which has formed a wave 5 of 5 , which also has a fibonacci extension cluster on the daily chart...
as you see chart has reacted to trend lines properly and the last one is reaction to a strong support and closed by a good bullish candle , I suppose passing of 3340 is very important
Will touch 423.60% level. Usually correction will be occurred after touching 423.60% level. Be careful!
I don't say it is something to short, but it is certainly not a good risk/reward to buy or stay long in Eurostoxx50 at these levels. Weekly parameters: - Ichimoku setup is neutral. - EWO is back to neutral - Heikin-Ashi candle is still bullish, but haOscillator shows an early warning signal of a possible momentum loss ahead in coming weeks. - Price reached a very...
Euro stoxx is approaching our first resistance at 3262.6(horizontal swing high resistance, 61.8% & 50%Fibonacci retracement, 100% Fibonacci extension ) where a strong drop might occur below this level pushing price down to our major support at 3134.7 (38.2% Fibonacci retracement , Horizontal overlap support, 61.8% Fibonacci extension ) Stochastic (55,5,3) is...
EU50 is approaching our first resistance at 3272 (50% fibonacci retracement, 100% fibonacci extension, horizontal overlap resistance) and a strong drop might occur pushing price down to our major support at 3128 (38.2% fibonacci retracement). Stochastic (55, 5, 3) is also approaching resistance and we might see a corresponding drop in price should it react off...
Euro stoxx is approaching our first resistance at 3262.6(horizontal swing high resistance, 61.8% & 50%Fibonacci retracement, 100% Fibonacci extension ) where a strong drop might occur below this level pushing price down to our major support at 3134.7 (38.2% Fibonacci retracement , Horizontal overlap support, 61.8% Fibonacci extension ) Stochastic (55,5,3) is...
Euro stoxx is approaching our first resistance at 3262.6(horizontal swing high resistance, 61.8% & 50%Fibonacci retracement, 100% Fibonacci extension ) where a strong drop might occur below this level pushing price down to our major support at 3134.7 (38.2% Fibonacci retracement , Horizontal overlap support, 61.8% Fibonacci extension ) Stochastic (55,5,3) is...