EU50 Index is in bearish trend following dow theory. The analysis is done on a 1H time frame and no divergence is observed. SL is placed on a recent LH and entry point is at 0.5 level of Fib retracement.
The Signal is:
EP: 4794
SL: 4843
TP: 4745
RR: 1%
Lost: 1.99
The Signal is:
EP: 4794
SL: 4843
TP: 4745
RR: 1%
Lost: 1.99
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.