EUROPE50 trade ideas
Update: optimal sell zone is 3505-3536Sell a little here, at prev Chikou resistance. If it spikes higher, use the move to sell in the zone between Tenkan and Kijun-Kumo-100WMA area. (Marked with parallel channel on the chart)
Forward Kumo twisted -> Bearish Senkou Span cross.
EWO and MACD are bearish.
Long EURO stoxx 50 project (H1)Hello everyone!
Following recent fall in global stock markets, if the downtrend continues, OANDA:EU50EUR will likely form the bullish blue wave.
As a possible confirmation for current continuous downtrend, minor yellow wave is being formed.
However, even if it doesn't succeed and the price reaches 349x-35xx support area, this will provide an interesting opportunity to go long anyway.
Good luck and profitable trading!
STOXX50/SPX spread at weekly supportI prefer buying Eurostoxx50 vs short SPX.
- Ichimoku setup is bullish. Chikou is at support, forward Kumo is bullish
- Weekly candle body shrinks at Kijun support
- haDelta+ and haOscillator turn higher from their lows
- EWO is positive. MACD shows bullish consolidation
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