On the weekly chart of the European index EURO STOXX 50 , which includes the leading "blue chips" for the Eurozone, rested on the with a beautiful .
Let's move on to the . Usually we buy from the middle of the - this is the level of 3480.00, also there is our upcoming weekly channel: Buy Limit 3408.00, SL = 3347.00, TP = 3678.00.
If you go back to the weekly chart of the index, you can see that the is being drawn - a harbinger of further growth. But until we break through its upper limit, we are talking about a potential flag.
This analysis is provided as general market commentary and does not constitute investment advice.