Daily chart shows inverse H&S pattern forming, divergence on indicators. MPO could take us back to the broken daily uptrend line. Ideal option would be to see another low on smaller time frame to buy with a better risk reward.
This suggests that markets in Europe should bounce next week. Perhaps as summer ends and investors get back from holidays we shall see increase in volatility.
Good Luck!
This suggests that markets in Europe should bounce next week. Perhaps as summer ends and investors get back from holidays we shall see increase in volatility.
Good Luck!
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4 hour view
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MPO hit