Euro Stoxx 50 – The “Beautiful Mountains” of buying oppsTake a look at this chart — if you squint, you can almost see two beautiful .... Anyways!
Price is sitting above both the 20MA and 200MA, and that breakout above the neckline points to a clear target at 6,112.
Stay patient, enjoy the view, and keep your stop tight just in case the “weather” turns.
About ESTX 50 PR.EUR
A market capitalization-weighted stock index of 50 large, blue-chip European companies operating within eurozone nations. The universe for selection is found within the 18 Dow Jones EURO STOXX Supersector indexes, from which members are ranked by size and placed on a selection list.
EU50 | H2 Head and shoulders | GTradingMethod👋 Hello Traders,
There is a potential head and shoulders continuation pattern at play.
All my variables have been met and I have opened a short on the EU50.
If the current H2 candle closes above the range, I will close my short position.
Also, stop loss is at 5432.9 in case the H2 candle just blow
STOXX50 Key Trading LevelsKey Support and Resistance Levels
Resistance Level 1: 5488
Resistance Level 2: 5546
Resistance Level 3: 5605
Support Level 1: 5306
Support Level 2: 5277
Support Level 3: 5240
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a p
Stoxx50 Key Trading LevelsKey Support and Resistance Levels
Resistance Level 1: 5488
Resistance Level 2: 5546
Resistance Level 3: 5605
Support Level 1: 5306
Support Level 2: 5277
Support Level 3: 5240
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a p
Stoxx50 capped at 5488 resistance Key Support and Resistance Levels
Resistance Level 1: 5488
Resistance Level 2: 5546
Resistance Level 3: 5605
Support Level 1: 5306
Support Level 2: 5277
Support Level 3: 5240
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a p
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Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
ESTX 50 PR.EUR is just a number that lets you track performance of the instruments comprising the index, so you can't invest in it directly. But you can buy ESTX 50 PR.EUR futures or funds or invest in its components.









