EURO STOXX 50 Index Futures
Short
Updated

H1 - POTENTIAL TRIPLE TOP IN PROGRESS

SHORT @ 3244 TP @ 3139 SL @ 3279 RR 1:3
Trade active
Trailing stop - new stop loss @ 3241
Trade closed: stop reached
stop done @ 3242 "small profit of 2 points..."
Note
Timing mistake.... Close to 3119 (Kijun Sen) ! Breakout of that level would open the door for further downside towards the current base of the uptrend channel (currently around 3050) ahead of 3025.
On the upside, first significant resistance is @ 3222 ahead of 3256.

Have a nice day and may "your long goes up and your short goes down"...

Ironman8848

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.