European Stock Market _ #France40 H4

European Stock Market _ #France40 H4
Mid Term trend: HOLD LONG 
 
There are probabilities in the narrow short time horizon to see pullback till 38,2 and 61,8 Fibonacci Retracement as we can see on the attached chart before continues to a new high of the Mid Term time horizon.
 
Bullish Scenario: A sustained move over 4.794 units will indicate the presence of buyers and the previews high at 5.090 is the first target and second 5.167 till 5.241 units
 
Bearish Scenario: A sustained move under4797 units will signal the presence of sellers and the first target is detected at 4.748units and second 4.650units. This is the last potential support before the Mid Term Trend changes
 
.(This is not a recommendation, it is only my opinion. Remember that and past performance is no guarantee of future results)
 
 
INVESTMENT BROKER / FINANCIAL SERVICES
SENIOR PORTFOLIO STRATEGIST
Certified Technical Quantitative Analyst
Tel : GR +30 6944895870 , UK +44 7963 309936
 
Email: Vassilis.argiropoulos@yahoo.com
(email: info@itamfinance.com)
 
Disclaimer:
Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor’s reliance on or use of this report. This report is for information purposes only and is neither a solicitation to buy nor an offer to sell


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