EUROSTOXX, still in congestion
One day goes up and one day goes down
It's better to wait for the break of the triangle formed by the intersection of the bearish channel
and the red line of the fibonacci's fan
Fisher indicator that could return bearish.
The targets are 3605 in the event of a break up
and the 3406 in case of break down
EUSTX50 trade ideas
EUROSTOXX, still in congestion
One day goes up and one day goes down
It's better to wait for the break of the triangle formed by the intersection of the bearish channel
and the red line of the fibonacci's fan
Fisher indicator that could return bearish.
The targets are 3605 in the event of a break up
and the 3406 in case of break down
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