FlowState

AEX approaching resistance, potential drop!

Short
EURONEXT:AEX   Indice AEX
AEX is approaching our first resistance at 538.15 (100% fibonacci extension, 61.8% fibonacci retracement, horizontal pullback resistance) where a strong drop might occur pushing price down to our major support at 500.92 (Horizontal swing low support, 61.8% fibonacci extension, 38.2% Fibonacci retracement).
Stochastic (89,5,3) is also approaching resistance and we might see a corresponding drop in price.


👉👉 Join The OFA Inner Circle:

📓📓Learn Order Flow like a PRO:
www.ofa-course.com

🧑‍🏫🧑‍🏫 Author of the #1 Order Flow Script:
www.tradingview.com/script/WhQSEfKT-OFA-Order-Flow-Analysis

📧📧 DM me if doubts (100% response rate)
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.