Banks failing!!!! EU50 showing signs of reversal

2 мая 2023 г.

Trade Idea: Selling EU50EUR

Reasoning: Posted hanging man engulfing candle last week, signifying a key reversal. Potential ABC correction on daily chart and additional hanging man from Friday. Spike higher has been sold into this morning posting a shooting star candle on the 4hr chart at Ichimoku cloud resistance.

Entry Level: 4364.3
Take Profit Level: 4315
Stop Loss: 4382.0
Risk/Reward: 2.8:1

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