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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Detailed analysis from INDEX_INSIDERS Team.
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●● Preferred count
● SX5E ( TVC ) , 🕐TF: 1W
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...
Just a quick note on the Eurostoxx specifically to highlight:
1. We are now most definitely trading below the 2 year uptrend that was causing the ongoing corner formations, good to get that out of the way
2. The index has found support temporarily off the March lows and various highs from 2020
3. If this breaks, which we expect it will sooner or later, the...
In this update we review the recent price action in the Euro Stoxx 50 nd identify the next high probability trading strategy and price objectives to target
Trade Idea: Selling EU50
Reasoning: Looking for selloff to be extended here, breaking through support.
Entry Level: 3652
Take Profit Level: 3439
Stop Loss: 3689
Risk/Reward: 5.76R
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...
As our first post it is essential to publish our longer term trend channel work as it provides the larger backdrop to our more detailed and shorter term work that we will be publishing in due course.
Starting with the Eurostoxx 50 Index (SX5E) we saw a 19% rally in as many trading days off the March lows only to run into resistance and the 3 month downtrend...
With the Ukraines Presidents words on the weekend talking about WW3, I believe the European markets will drop this week so I put a Sell Order in at 3893 with my SL at 4050.
I'll keep an eye on it but I think there will be a lot of volatility this week on all markets.
Stay safe.
Heiko
this is my bullish technical idea and price action analyze . now wait for come previews support and resistance zone after trend continue to uptrend you can entry .because overall uptrend .you can see it .however this is my opinion only no more signal
