In the present technical analysis of the eurostoxx index through the golden trading technique, we will be able to observe how in its historical graph it shows us possible debts and projections that the market left us in the short, medium and long term.
EURO STOXX 50 Weekly Volatility Forecast 17-21 October 2022
We can see that currently the volatility is around 4.14%, falling from 4.33% of the last week.(using DAX volatility, which is highly correlated with euro stoxx 50/600)
At the same time, its currently place on the 75th percentile based on the ATR calculations.
With this in mind, around this percentile,...
Hey whale calfs - the market is lying on a support area and no reason to have a break below 3298 (right below the 3300 psychological hurdle), to reconsider a new rise. Moreover, the Hourly-RSI is lying a critical support area at 27% and is posting a bullish diuvergence, leading credence to this new upside move. Have fun - Stay Safe
EU50 is at overall down trend and the brief retest after friday NFP allowed the market to touch the 0.5 & 0.618 Fib levels confirming the new price wave,fall to TP1 @ 3252 and TP2 @ 3184 just few pips before the most eminent support region.Risk mgt is important...tgerefore SL should be placed just few pips after the most recent high at that 50 & 0.618 Fib region
I heard Ray Dalio shorted. I heard Putin has Europe by the b****. I heard there's a recession coming.
But do you know what? I don't care about any of these, nor do I care about any rumors, tips, subscription services or whatsoever in order to make my trading decisions.
The charts are my one and only telescope.
Further, I do not use this telescope to make any...
Trade Idea: Selling EU50
Reasoning: Looking for secondary aggressive selloff
Entry Level: 3602.0
Take Profit Level: 3476.0
Stop Loss: 3634.0
Risk/Reward: 3.94:1
Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical...
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
Trade Idea: Selling EU50
Reasoning: Head and shoulders top with a gap fill
Entry Level: 3765
Take Profit Level: 3700
Stop Loss: 3785
Risk/Reward: 3.58:1
Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis ,...
Hello Traders,
This graph shows the EU50 index on a daily timeframe.
The graph shows the convergence between actual downtrend channel and EMA100. It also shows a level of resistance on the RSI indicator.
Impact points on resistances and EMA100 are shown by red dots.
The EU50 might go a bit higher but shall reverse downtrend
Do not hesitate to...
Trade Idea: Selling EU50
Reasoning: False breakout on EU50? Bears to return ahead of ECB meeting?
Entry Level: 3955
Take Profit Level: 3533
Stop Loss: 3621
Risk/Reward: 2.31:1
Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading....
According to the checks I made in the previous trend, I found that the previous wave is a corrective (ABC); As a result, I was looking for signs of the beginning of a broad 5-wave pattern.
According to the type of behavior and movements of this index, the beginning of a 5-wave was confirmed.
Currently, this index is in the 3rd wave of its trend, hence the sharp...
Reading charts is just one part of trading a bear market, another highly significant part is a solid understanding of market psychology, heuristics and biases. Having spent 14 years in a QE fuelled bull market where there were few inexplicable events and certainly no major forced liquidation events, it is easy to understand why so many participants get so excited...
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Fig.1
The Euro Stoxx 50 Index is the main index in the Eurozone. The components of the index are companies that are leaders in their industries - 50 companies from 12 eurozone countries: Austria, Belgium, Germany, Greece, Ireland, Spain, Italy, Luxembourg, the Netherlands, Portugal, Finland and...
