STOXX50 is testing the 4400 resistance
This is the upside resistance of the channel flag that started in February. A break above 4400 is required for the upside extension and continuation. A rejection here will lead to a swing down for am upside support 4100 test. A rejection will mean that 5 upside waves are over and we are opting for a correction.
Note: look for the short trade entries with the stop loss above 4400
GET THE COPY TRADING AND PREMIUM MEMBERSHIP FOR FREE
If you want to learn trading analysis and how to get to key trading levels like in this article register for Private Live mentoring with your trading evaluation.
Take a break from your trading routine and let some funds be run by us! Copy our trades!
