EU Stocks 50
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EU50 - Daily - Possible Short Opportunity




Hello Traders,

This graph shows the EU50 index on a daily timeframe.

The graph shows the convergence between actual downtrend channel and EMA100. It also shows a level of resistance on the RSI indicator.
Impact points on resistances and EMA100 are shown by red dots.

The EU50 might go a bit higher but shall reverse downtrend

Do not hesitate to comment

Regards,





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Chart PatternsTechnical IndicatorsTrend Analysis

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