Jamie Trade Idea - Short EU50
Trade Idea: Selling EU50
Reasoning: Looking for selloff to be extended here, breaking through support.
Entry Level: 3652
Take Profit Level: 3439
Stop Loss: 3689
Risk/Reward: 5.76R
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Eu50
EU50 a turn at the 0.5 Fibonacci 🦐EU50 on the daily chart after the recent impulse retraced in a channel and perfectly retest the previous resistance now turn support at the 0.5 Fibonacci level.
According to Plancton's strategy IF the price will break above and satisfy the ACADEMY conditions we will set a nice long order.
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
EU50 H4 LongReason for buy
D1 is uptrend.
H4 correction is broken by the volume increase.
enter the long trade right now.
Happy trading.
EU50 ShortEU50 led some bearish candlesticks on daily closes last week, despite it closing into a range we’re looking for a rejection off key level before taking trade. When we see that rejection we only expect it to drop to major support level however we could see some prolonged movement. Move SL to entry upon second TP hitting. RSI floating at 63 despite hitting 75.
R:R 1:2:2
GL
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:EU50
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 4193
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.
Pomysł na EU 50Tak to widzę. Ciekawy jestem zdania innych.
To nie jest rekomendacja, a gra pod to, co wyrysowałem wiąże się z ryzykiem!
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.
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And always remember: "we don't predict, we react".
EU50 bearish countWe had a 5 way impulsive down(1 or A) and now we are on the correction wave 2 (or B) , we are at a fibi cluster so I am expecting the market to crash
wait for the confirmation level to get hit before selling
AIR Long IdeaLogic: economic recovery/bounce back idea.
Entry: €64.50 or ideally at yearly S3 support, €55-€56 area.
Stop: €56 or < €48 in second case.
Risk: -13.18% or -14.29%
Target: initially €78.13, longer term mid €90's
Gain: +21.13% or +39.52%
Note: high risk/reward longer term speculative idea. AIR remains in downtrend.
"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 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:
"Eurostoxx: moving as expected" by ThinkingAntsOk4 Hour Chart Explanation:
- Price broke the Descending Trendline.
- It started its up move after bouncing on the Support Zone.
- Bearish Divergence on MACD.
- Price has potential to reach our target on the Resistance Zone. After that, it should face a correction towards the Support Zone.
Weekly Vision:
Daily Vision: