Stay 
Trading Conditions
Products
Tools
The industrial crisis in the Eurozone is gaining momentum. If this goes on, many companies will go bankrupt. But this situation can also be used as an opportunity to short European indices, provided that it is trading near yearly lows.
So far, the STOXX50 has tested the yearly low three times.
And given that there is a three-wave pattern (ABC), where wave A represents the selling pressure this month, investors can sell from current prices up to the 61.8% and 50% retracement levels. Set stop loss at 3800 and take profit on the breakdown of 3370.
This strategy is based on the Price Action and Stop Hunting methods.
Good luck and have a nice day!
InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.
Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of Instant Trading EU Ltd including online trading, online transfers, deposit/withdrawal of funds, etc.
If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.
Why does your IP address show your location as the USA?
Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.
We are sorry for any inconvenience caused by this message.
