ESTX 50 PR.EUR
Price closed above 4152.08. Watch for buying opportunities.
Price closed below EMA 10, EMA 20, and Horizontal Support Resistance Level.
The rising wedge off a strong rally Eurostoxx50 shows us that the momentum on the higher is declining and inability to push to higher highs as easily. Market closed below support signalling to further bearishness in the market. This is a good entry however a pullback is also likely
Long taken on EUSTX50. Broke past high after the vaccine news yesterday and have held so far. Price can hopefully continue up to the next level of past resistance.
Price reacted very good to the 2925 impulse. Now we're expeting a push to the high. 3110 coul be a good level to short
Poor EU no FANG's no glory. Stuck in the mud.
Targetting major support on daily.
Based on two recent resistance areas. Large risk to reward ratio if we fall as far back as major support and still good even if we reach minor support (target).
My startegy and fundamentals signaled a short on Eurostoxx 50. If you would like more information and learn from me find me on Fiverr/vitezabraham. Have a nice day!
Wait for Eurostoxx50 break out from the triangle. Above there is a good selling zone to trade around 3250 area, where we can short to 2900. Beyond the triangle, we have to wait for the retest of the trendline and short to 2600
EURO STOXX 50 INDEX is the "lighthouse" of all the other EU index. It's a little bit too early to speak about Elliot Wave Pattern but: if confirmed we wait for it to 2560 Area. So all the other index. #DAX first of all.