STOXX50 trade ideas
EUROPE50 STOXX Index SHORT - divergence and momentum resistanceAfter the sharp rise it has slowed down and we can see more bearish bars on the chart. This has also created a divergence on the RSI. The loss of momentum has established a momentum resistance around 65 on the RSI which price doesn't seem to be able to push through and the 9EMA on the RSI has caught up with the signal line.
All this suggest a technical reversal which maybe will re-test the MA200 support.
"EuroStoxx: at an important Resistance Zone" by ThinkingAntsOkDaily Chart Explanation:
- Price bounced from the Support Zone and went towards the Resistance Zone where it is now.
- Bearish Divergence on MACD.
- If price starts its down move from here, it has potential to go towards the Support Zone one more time.
- We are looking for sell setups on lower timefremes.
Weekly Vision:
Updates coming soon!
EuroStoxx 50 - due a breather?I'm still bullish equities but reckon that a few markets might be due a decent correction. This count makes that case for this index that one is due to start sooner rather than later.
EURO STOXX 50(W) Triplet Resistance Expanding Wedge (ABCDE ?)RSIEURO STOXX 50(W) Triplet Resistance Expanding Wedge (ABCDE ? )RSI
EU50 EUR, Best place for Buy!The price is above Support/Resistance Zone.
We can look for Buy if it will make a pullback to 3479.0.
Before to trade my ideas make your own analyze.
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Thanks for your support!
Euro Stoxx 50 - 240 - Struggling with the upsideTrade idea.
After last week's heavy slide, the index is trying to recover somewhat, but it has got a few strong barriers to overcome first. If it struggles to move back above the 3500 barrier, we may see another round of selling, possibly bringing the price back to the 200-day EMA, or even below that. For now, we remain cautiously-bearish.
Please see the chart for levels, targets and the alternative scenario.
Don't forget your stop-loss.
EURO 50 Long stop @ 3388 target @ 3529
if the trade moves against us 2nd position @ 3448 3rd position @ 3424
"EuroStoxx moved exactly as expected" by ThinkingAntsOk4H Chart Explanation: "What happened?"
- Price broke the Descending Trendline.
- It started its up move after bouncing on the Support Zone .
- There was a Bearish Divergence on MACD .
- Price reached our target on the Resistance Zone first. After that, it faced a correction towards the Support Zone .
Now, we are waiting to see a new clear setup. Updates coming soon!
Weekly Vision:
Daily Vision:
Bearish Gartley on $EU50 #EUSTX50 #EUROSTOXX50 H1 IntradayEntry range: 3524.27 to 3546.35, stops above high. Intraday target 3519.90. Target within a week: 3408.04
Bullish Butterfly EU50 #EUROSTOXX50 EUSTX50 H1 & H4Entry range until 3461.05. Target: 3525. The target can be an entry for a short. We'll see when we get there.
EuroStoxx 50 - Daily - Wait for an exitTrade idea.
Te index already had a wonderful run to the upside and it seems that it is currently doing a bit of a corrective move. But before we could examine a further directional move, wait for a clear break through one of the highlighted areas.
Please see the chart levels and targets.
Don't forget your stop-loss.
Ascending triangle Indices: STOX50Hey good people weekly analysis on the stoxx50
Currently broke out of the ascending triangle awaiting entry after retest
Stop loss: below candle that retested
Take Profit : next zone
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