EU50 D1 Our expectations:
Long term trend – long, Activation and test of a flag for increase. The current price is good for building long-term longevity.
Price above 50 and 200SMA, MAs stacked in bull formation.
RSI over 50, confirms that the upward trend is still in place.
Alternative Scenario: Breakthrough 3410 would mean a break of 50 SMA and a new bottom, forming a new short-term downward trend.
Trader Georgi Bozhidarov