Retrospective Positive euro-zone data bullish for EU50 | EU50 2019-03-07 | IFCM
IFC Markets Online CFD Broker

Retrospective of Technical Analysis EU50 From 2019-03-07

Positive euro-zone data bullish for EU50

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Buy stop3341,01
Take profit3493
Return on Investment +4,5%
Overview date 2019-03-07
Date of the closing positionfrom 2019-04-25 to 2019-05-03

The chart shows the real change of quotations after the publication of technical analysis on 2019-03-07. The pending order from this analysis was executed and the position was opened. Next, we shall move the stop to the next fractal low following the Bollinger Bands and Parabolic SAR signals at the 4-hour charts. Thus, we are changing the potential profit/loss to the breakeven point. The position shall be closed when the price meets the Bollinger bands, the Parabolic SAR, the trend line and the fractal indicator.

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