iShares Europe ETFShort
EUROPE 2 scenarios: retest 2007 triangle @0.382 or Fib 0.618
IEV Europe broke down from 50, a previous top several times. If it will not reclaim 50 next week, it may go down again to retest the previous breakout from a BIG 2007 triangle at around 45, which is also the
FIBO 0.382 level. If 45 will not hold, then the FIBO 0.618 at around 40 will be the ultimate low.
Not trading advice
FIBO 0.382 level. If 45 will not hold, then the FIBO 0.618 at around 40 will be the ultimate low.
Not trading advice
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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.
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.