Euro Stoxx 50 - Breakout Channel

Thursday, 2018-11-29

The hourly chart of the Euro Stoxx 50 shows a storybook Double Bottom, followed by a Fake Breakout and then a False Breakout and now the real Breakout above the luminous green Breakout Line. As long as price remains within the Breakout Channel with its dark green Top Line and red Bottom Line, the current minor Uptrend stays intact.