Euro Stoxx 50 (SX5E) 3 Day Down Streak Broken

2 mins read

The Hourly View for SX5E Last Updated February 22, 2021, 01:011 GMT At the time of this writing, SX5E’s price is down -1 (-0.03%) from the hour prior. SX5E has seen its price go down 4 out of the past 5 hours, thus creating some compelling opportunities for bears. Regarding the trend, note that the strongest trend exists on the 20 hour timeframe. Price action traders may also wish to note that we see a pin bar candlestick pattern on SX5E. Given that we see an uptrend on the 5 hourly candle timeframe, and that such candlestick patterns often denote…

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