$EUSTX50 at an important confluece point!
Euro Stoxx 50 index of European listed sharesFXCM
Huraian
⋅ Here are two possible scenarios:
- If the price "respect" the trendline and the support it's a BUY.
- If it breaks the trendline it's a Sell.
Either way we have a nice Risk/Reward ratio!
You can follow other indexes (such as DAX and S&P 500) as they are with a strong correlation this days.
Please leave your thoughts on the comments!