SX5E EuroStoxx50 Hourly time frame confirm short term "Long"
STOXX 50 TVC:SX5E
SX5E
After the US CPI data, the price did a new Low and regain very quickly ground.
In hourly time frame this Low should be the end of the corrective WaveB of the pattern ( ABC ).
An evident divergence in the RSI should be the a signal for a long target in area 3450 (WaveC)
Confirmation should be provide with the breakout of 3368/3370