STOXX50 trade ideas
Euro Stoxx 50 LongNice short-term Reversal Trade taking advantage of the upward move in the range bound trading. The removal of political risk and the inflow of investment from US to europe would further boost it.
STOX - shortLonger term trade for this using the weekly, however looks to be some rejection from the downwards sloping trend line so looking to fade it down here.
eustx 3530 testhard to imagine this underdog for decades won`t test longterm supply after such a huge breakout 3090 level and pink supply lines
currently working on 3325 resistance
and imagine if it won`t turn down as most expecting, but, surprisingly, will proceed up... crazy, isnt`t it?
trade safe all
ANOTHER IMPORTANT SHORT FOR THIS CENTURYIt is time for a new important short, the fourth for this century. After a good period of positive markets, it's time to SHORT. Oscillator overbought, at the highest prices, and near the downtrend line. Target for Eurostoxx 50 is 3000 points.
Sell the european stocksGuys,
Though we don't know the result of the French president election, however, if we use the chart language, i still prefer selling the european stocks.
sl and tp are shown on the pics.
Success
RandR
Eurostoxx - Out of steamThe Eurostoxx 50 is being to splutter.. the rally since the 8th February is slowing, and a very bearish divergence has formed since the 10th March. The lower high set today confirms that these stocks are looking tired. Our key support target is 3400.
eur 50 index ...uptrend this index is going upward and its under the resistance ...
in my idea resistance will be broken ...
my suggestion is buy after breakout and entry to index or its stocks
Bullish, bullish, but... Take some coverWeekly:
- Super performance, very nice bullish Ichimoku setup still, but...
- Price is extremely far above Kijun Sen equilibrium
- Major resistance is ahead at 3500+
- Four bullish weekly Heikin-Ashi candles with higher highs, but haDelta and haOscillator show weakness (early call for initial momentum problem), and if you have a closer look at this week's candle, it has a very tiny lower wick too!
Daily:
- Ichimoku is bullish
- Heikin-Ashi is bullish
- I only have question regarding MACD and EWO: will they start to build a minor bearish divergence?
This market is certainly strong and not a good candidate for a swing short. (For a swing short trade you should look at SPX - see link below)
However if you have long Stoxx50 / short SPX spread, or you are long Stoxx50 outright, you should consider to look for a cover.
Some deterioration. More pull back exp. below 4H supports.No doubt, the major strategic trend is bullish. However there are multiple signs for a local top, and possibility for more pull back towards daily support zone at 3344-3370:
- Daily Heikin-Ashi shows some weakness
- Daily MACD crossed down: sign of consolidation
- 4H weak bearish Tenkan/Kijun cross, within a neutral Ichimoku setup.
- 4H Heikin-Ashi weakness. Heikin-Ashi may give a sell signal below Kijun Sen.
- 4H EWO shows absolute loss of short temr bullish momentum.
Short term key support is 3400+.
I enterred half unit Short at 3416 with Stop at 3341, TP target at 3360. RR is 2,2.
Europe 50 Bullish Channel: Expect More BullishnessWe can see a clear upward channel here. Unless we see a breakout, I expect further bullishness. We may see some sideways movement first as there may be some resistance from the recently completed triangle. If this is broken, rapid increases are possible.
2 possible Entry Signals in EUSTX50 1.) Braking 3415 resistance and take the test of it as entry point for trend following strategy. at least CRV 1:2 or trailing stop. Defensive trade management.
2.) Supportline 3380 of the range as entry point. Resistance 3415 of Range as exist point. CRV 1:1. Aggressive trademmanagement.
Stoxx Short (at 15.55pm on 17th of March 2017)As time will be triggered at 17th of March, a first short move is to be expected.
Entry around 3391 or 3465 under overbought rsi conditions.
bearish gartley in the chartCrazy idea I found a Bearish Gartley on the weekly chart. Sl and Tp in the chart are clearly. if you have money and patience for me is a good trade. if you agree, write a comment and follow me.
(Weekly) 1dbl bottom 2shoulders 1head 2necks & 1butterflyTVC:SX5E
The amazing price action...
-Reversal double bottom;
-Major bearish trendline broken, the double bottom "neck" broken, validating the double bottom;
-Found resistance at Bearish Butterfly territory;
-Two targets for the Butterfly, the second @2933$ (618% retracement) will forge the 2618 bullish setup with initial and default targets around 3600$, the 127% extension, eventual ab=cd as 2nd target, a 3th and 4th targets above the 161% extension and 224% extension...
-Ascending structure (at yellow) also with a possibility to "support" the price inside it, forging an eventual 3drives pattern in case of a failed Butterfly... directly testing the highs.
-Bearish RSI and MACD Divergence, but looking left/back on previous price action history on similar divergences, the price just forged small degree corrective structures, resuming major trend later...
That said...
Safe Trades;
EUR50 bulls exhausted?EUR50 has been unable to break past 3320 for the past six weeks and may look to retrace soon.
As long as the resistance continues to hold, bears may start to take over.
Focus On Politics Now: STOXX 50Turn your attention now to geopolitics. 2016 all technical anaylsis had been wrong - and not pollsters only.
To predict any direction of European Stockmarkets trader needs to understand precisely what´s about the upcomming elections in Europe.
This trading idea is focused on the EuroSTOXX 50 but linked to the Election in Germany, Netherlands, Italy and the Euro -0.62% as well. Follow up the updates here.
EURO 50 to break topsCurrently above weekly high. retraced down to it, place order 1 Tick above the High and trade the continuation up to 3433. Risk/Reward 1:3
