EUFN [update] Euro Financials

Trade pressures still neutral. Weekly volume has been bullish for two weeks. Daily volume has turned bullish after three days of a pullback, closing at 22.59 near the first target of 22.96.

South Ocean first moves the stop to the entry price of 21.61 So, the trade now has no risk with the stop at the entry price. Then would take this first target gain at 22.96 as the momentum indicators seem listless.   But, review the indicators when price reaches target and make the sell decision.


Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.