EUR50 ELLIOTT WAVE ANALYSISEur50 is showing an incomplete correction of wave 3.so price is showing a potential drop to complete wave b, then price will then continue with its bullish bias. trade with proper risk management.Shortby Financial_Freedom_Group1
Euro Stoxx 50 reversal or 'sell the top'EU50 recorded yet another several consecutive days of gains. The price has crossed upper limit of parallel increasing channel with RSI crossing level of 73. Similar situation occurred in Sep this year whereas RSI remained slightly below 70 yet the index recorded a visible fall to roughly 0.5 level fib retracement. Current fibo retracement indicate possible fall to 4272 (0.236) and 4213 (0.382) (75 and 134 respectively from 4347 index level of today). With a very narrow SL of 4367 (20 points from 4347) this represents a 3,75:1 reward/risk ratio. At the same day (Mon 08/11) we see falling Nasdaq100 and SP500 recording small gains with VIX raising over 6% and US yields increasing as well. CURRENCYCOM:EU50EShortby inwestycjedlakazdego0
EU50 Bullish on all timeframesEU50/ Eurostoxx50/ SX5E completed its bearish retracement on Monday this week and is now back on its bullish nature. I anticipate it to reach 5000 by the end of October 2021. I've set my short term goals as follows: TP1 4235 TP2 4193ELongby Mezzoforte_PrivilegeUpdated 337
EU50| Bearish Continuation Correction + CAB Entry :)We've had a short bias for a bit on all indices, this one is very clean and it looks like we finally broke out of the continuation correction to the downside. Now all we want to see is a LTF correction after the breakout which will be our entry to carry the momentum lower.Shortby LesLeso0
EU50 LONG possibilityHello Traders, Wait for the retest of the counter-trendline and confirmation of the indicators. Than we have an entry. Wishing you a great week of trading!Longby FXT_TL0
Pomysł na EU 50Tak to widzę. Ciekawy jestem zdania innych. To nie jest rekomendacja, a gra pod to, co wyrysowałem wiąże się z ryzykiem!EShortby zaglobaK110
Strong markets in Europe maintain risk-on sentimentMarkets in Asia and especially in Europe started September strongly after higher-than-expected inflation in the eurozone and very optimistic comments from ECB Vice President Luis de Guindos, who said that the eurozone economy is growing faster than the ECB expected, hinting at an upward revision of the central bank's growth forecast. On the downside, German retail sales disappointed in July, falling 5.1% month-on-month. Eurozone manufacturing PMI was lower than expected, but remained near record levels. August, normally a complicated month for the stock market, saw several record closes for the S&P 500 and Nasdaq 100, with US equities pointing to a positive performance on the first day of the new month. The important 10-year US Treasury yield rose well above 1.3% again (currently at 1.32%). The USD remains weak ahead of the US jobs report in focus on Friday. Oil prices remained in a sideways range ahead of today's OPEC+ meeting. Ethereum broke through $3,500, the highest level since May 18. Bitcoin continues to trade in the $47K - $48K range. Despite rising expectations that central banks will gradually move away from pandemic-era stimulus programs, markets continue to rise, showing that investment banks remain confident that the sustained rise in the stock market will continue. Statements from ECB officials showed that the ECB is optimistic about economic developments in the eurozone, but also that the conditions for a gradual withdrawal of stimulus measures are almost met. Higher 10-year US Treasury yields can be seen as an indicator that US investors also believe that economic growth will continue for longer. September was the worst month for equities in the last two decades, and we also see hedge funds preparing for a reversal. For now, markets remain optimistic, waiting for more clues on the Fed's plans for the coming months. The ECB's optimistic comments have eased growth concerns for now. Risk sentiment remains positive, supporting risk-sensitive currencies such as the AUD, NZD and emerging market currencies. The rise in the EUR is likely to continue as expectations rise that the ECB has started internal talks on scaling back stimulus measures, which the ECB will then report on in detail at the upcoming ECB meeting (on Sep 9).Eby MarMat15000
Breakout in Euro Stoxx 50 with Target of 4320Trend Analysis The main view of this trade idea is on the 4-Hour Chart. EU Stoxx 50 tested support around the 4080 price level and is currently testing the downward trendline off the 4240 high and the 4210 lower high. Expectations are for a breakout of the downward trendline towards the 4320 price level. This target was derived as there is a symmetrical triangle setup on the 4-hour timeframe. Indicative stop loss is set around the 4065 price level. Technical Indicators The Index recently tested support around the 200 fractal moving average and held. This support level is key to the bullish view of the Euro Stoxx 50. The Index currently crossed above the short (25-MA) and medium (75-MA) term fractal moving averages, which around the same zone of the downward trendline. The RSI is also above the 50 price level and there has been a positive crossover on the KST. These indicators complement the bullish view of the Index. Recommendation The recommendation will be to go long at market. Stop loss will be set around the 4065 price level and a target of 4320. This produces a risk-reward ratio of 1.41. Disclaimer The views expressed are mine and do not represent the views of my employers and business partners. Persons acting on these recommendations are doing so at their own risk. These recommendations are not a solicitation to buy or to sell but are for purely discussion purposes. At the time publishing, I have a position in Euro Stoxx 50 . Longby Ceddy861
EUSTOXX50, sellHow to use TP! When the order price breaks down Tp1, you wait for Tp2 and SL moves to Tp1, so as to secure earnings. So with Tp2 to Tp3. When we publish the closing of a position, you close it. When the order comes to SL, always consult with us, do not close the order. Follow your open positions!EShortby DeNicoForexSignalsUpdated 4
Bullish on SX5EEurostoxx is accelerating away, guessing that the helicopter money hit it first. This one has a lot of room to potentially grow. Be careful out there, all this growth in the major indices is purely speculative. Real sector recovery has been choppy and modest. None of the above is financial advice, please do your own research - your trades are your trades.Longby Rykin_CapitalUpdated 1
Equities UpdateEquities - See the spike on equities across the board due to optimism from the markets this sessionEby SakeemB2
Horizontal Continuation Correction + LTF Flag entryInitially had bearish bias as Price dropped out of HTF Horizontal correction but Price reversed pretty impulsively, so now I'm looking for LTF CAB Entry to the upside.Longby LesLeso0
EU50EUR, Long at supportIf trend is crossed, that will confirm the long move. Good luck Longby bxoleloUpdated 0
Larger Continuation Correction Bull Flag + LTF EntryWe Broke out of the larger continuation correction then created what looks like LTF Bull Flag for the entry.Longby LesLeso0
Did you miss trades?⚡️Get your wallets ready, wolves🔥 There is one more idea for you. There is a Flag formation on EU50 financial instrument. The price bounced from support and resistance zones. One more possible touch of support zone is expected, but watch it careful because impulse may happen much sooner. So follow the chart and look for the breakout carefully. _____________________________________________________ If you enjoy my FREE Technical Analysis , support the idea with a big LIKE👍 and don't forget to SUBSCRIBE my channel, you won't miss anything! Feel free to leave comments✉️ And always remember: "we don't predict, we react". Longby Berzerk_invest6
🚀The Eurozone stock index is ready to take off! Or ... 🤷♂️●● Mine scenario OANDA:EU50EUR 🕐 1W TVC:SX5E If you are interested in trading on the euro area economy, you can use this index. The EURO STOXX 50 reflects the dynamics of the largest and most liquid 50 shares in the euro area. The rapid decline in the wave (C) that gave rise to the COVID-19 pandemic was apparently a necessity within the ② of V flat. 🕐 1D OANDA:EU50EUR Now we are testing a quite strong level of resistance. Counting from a series of the first and second waves is a harbinger of rapid growth and extension of the third wave. 🕐 6h OANDA:EU50EUR Focus on the "invalid." level, the breakdown of which will serve as a signal of the transformation of the wave ((ii)) to the flat, or, even worse, the realization of an alternative count with black markings. ●● Alternative scenario 🕐 1W FESX1! In an alternative count, the boundary of a large triangle of degree IV "Cycle" will be expanded. The current growth can go in a wave (Y) of ((B)) followed by a decline in ((C)) . The count will become more relevant if the wave C of (Y) (6h) is transformed to the ending diagonal. The wave marking in the double circle parenthesis corresponds to the green marking in the circle on the chart.by TradeWaves-EWA1
One last push before everyone starts to take profits (Europe 50)4000 is an interesting number for Europe 50 index. This is the value that acted as resistance in July 2007 which reversed around 80% of upward movement. Also, this was the highest point before the 2008 market crash. Europe 50 is increasing at an increasingly fast rate near a powerful resistance which could only be explained by one scenario. The market could very well be pushing the price upward before start taking profits. It wants to test the 4000 limit so bad, it barely tested the previous high resistance at 3860. It looks like the market going to skip past the previous high it had before the market crash in 2020. This is not a good time to buy Europe 50. US30 rejected twice at the level of Jan/2020. JAPAN225 had to fight 6 months to get past the pre-covid market level. AUS200 is still fighting the pre-covid market level for three months now. Does Europe 50 has a free ticket to pass this major resistance? I don't think so. Get ready for a big pump and dump. This is just an idea, not a financial advice. Shortby titusj0
BULLISH MOMENTUMTHIS IS MY BULLISH TREND CONTINUE IDEA. HOWEVER WAIT FOR COME KEY LEVEL AFTER HOW TO RESPECT TO KEY LEVEL AFTER TREND CONTINUE TO UP TREND YOU CAN ENTRY ,SO THIS IS MY OPINION ONLY . Longby wijitha0