Massive downtrend channel, we are very near the top at the moment. Also approaching the sharp end of a massive triangle
Note
Bounced off channel resistance, down we go!Note
The downward momentum has been strong, Eurozone growth has started to disappoint lately and there is a lot of previous bullish movement to retrace
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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.