SX5E Archives - Elliott Wave Forecast

EUROSTOXX (SX5E) Made New Highs From Blue Box Area

March 4, 2025 By Hassan Sheikh

In this technical blog, we will look at the past performance of the Elliott Wave Charts of the Eurostoxx (SX5E) index. We presented to members at the elliottwave-forecast. In which, the rally from the 19 November 2024 low is unfolding as an impulse structure. And showed a higher high sequence with a bullish sequence stamp favored more upside extension to take place. Therefore, we advised members not to sell the index & buy the dips in 3, 7, or 11 swings at the blue box areas. We will explain the structure & forecast below:

EUROSTOXX (SX5E) 1-Hour Chart From 2.27.2025 Update

Here’s the 1-Hour Elliott wave chart from the 2.27.2025 NY Midday update. In which, the cycle from the 2.03.2025 low ended as an impulse structure at 5544.12 high. Down from there, the index made a pullback to correct that cycle. The internals of that pullback unfolded as Elliott wave flat structure where wave ((a)) ended at 5422.86 low. While wave ((b)) bounce ended at 5533.95 high. Then wave ((c)) managed to reach the blue box area at 5412.20 – 5336.12 equal legs area. From there, buyers were expected to appear looking for the next leg higher or for a 3 wave bounce minimum.

EUROSTOXX (SX5E) Latest 1-Hour Chart From 3.04.2025 Update

This is the latest 1-Hour Elliott wave Chart from the 3.04.2025 Asia update. In which the index shows a reaction higher taking place, right after ending the correction within the blue box area. Allowed members to create a risk-free position shortly after taking the long position at the blue box area. Since then, the index has already made a new high above 5544.12 high confirming the next leg higher.

If you are looking for real-time analysis in Eurostoxx along with the other indices then join us with a 14-Day Trial for the latest updates & price action.

Success in trading requires proper risk and money management as well as an understanding of Elliott Wave theory, cycle analysis, and correlation. We have developed a very good trading strategy that defines the entry.

Stop loss and take profit levels with high accuracy and allow you to take a risk-free position, shortly after taking it by protecting your wallet. If you want to learn all about it and become a professional trader. Then join our service by taking a Trial.

EUROSTOXX (SX5E) Perfect Reaction Higher From Blue Box Area

September 9, 2024 By Hassan Sheikh

In this technical blog, we will look at the past performance of the Elliott Wave Charts of the Eurostoxx (SX5E) index. We presented to members at the elliottwave-forecast. In which, the rally from the 23 October 2023 low ended as an impulse structure. But showed a higher high sequence with a bullish sequence stamp favored more upside extension to take place. Therefore, we advised members not to sell the index & buy the dips in 3, 7, or 11 swings at the blue box areas. We will explain the structure & forecast below:

EUROSTOXX(SX5E) Daily Chart From 8.04.2024 update

Here’s the Daily Elliott wave chart from the 8.04.2024 Weekend update. In which, the cycle from the 10/27/2023 low ended as an impulse structure at 5121.71 high. Down from there, the index made a pullback to correct that cycle. The internals of that pullback unfolded as Elliott wave double three structure where wave W ended at 4767.15 low. While wave X bounce ended at 4907.39 high. Then wave Y managed to reach the blue box area at 4550.88-4329.72 equal legs area. From there, buyers were expected to appear looking for the next leg higher or for a 3 wave bounce minimum.

EUROSTOXX(SX5E) Daily Chart From 9.08.2024 update

This is the latest Daily Elliott wave Chart from the 9.08.2024 Weekend update. In which the index shows a reaction higher taking place, right after ending the correction within the blue box area. Allowed members to create a risk-free position shortly after taking the long position at the blue box area. However, a break above the 5121.71 high is still needed to confirm the next extension higher & avoid a double correction lower.

If you are looking for real-time analysis in Eurostoxx along with the other indices then join us with a 14-Day Trial for the latest updates & price action.

EUROSTOXX (SX5E) Forecasting the Rally After Elliott Wave Double Three

May 28, 2024 By EWF Vlada

Hello fellow traders. In this technical article we’re going to take a look at the Elliott Wave charts charts of EUROSTOXX (SX5E) Index published in members area of the website. Our members know EUROSTOXX recently made a clear three-wave correction against the 4888.28 low . The pull back completed right within the Equal Legs zone. In this discussion, we’ll break down the Elliott Wave pattern and forecast.

Elliott Wave Double Three Pattern

Double three is the common pattern in the market , also known as 7 swing structure. It’s a reliable pattern which is giving us good trading entries with clearly defined invalidation levels.
The picture below presents what Elliott Wave Double Three pattern looks like. It has (W),(X),(Y) labeling and 3,3,3 inner structure, which means all of these 3 legs are corrective sequences. Each (W) and (Y) are made of 3 swings , they’re having A,B,C structure in lower degree, or alternatively they can have W,X,Y labeling.

EUROSTOXX Elliott Wave 1 Hour Chart 05.23.2024

EUROSTOXX is showing impulsive bullish sequences in the cycle from the 4883.39 low, suggesting further strength ahead. Presently, the index is undergoing an intraday pullback (iv) in blue. The structure of this pullback remains incomplete, indicating short-term weakness towards the 5016.22-4977.25 (buyers area). The first leg, shows a clear 3-wave structure a,b,c red, followed by a 3-wave bounce. We anticipate the pullback to form a Double Three pattern, projecting 3 waves in y leg as well. We advise against selling $SX5E and instead favor the long side from the marked equal legs area. Once $SX5E reaches buying area, it should ideally either rally towards new highs or undergo a bounce in three waves alternatively.

Official trading strategy on How to trade 3, 7, or 11 swing and equal leg is explained in details in Educational Video, available for members viewing inside the membership area.

EUROSTOXX Elliott Wave 1 Hour Chart 05.23.2024

EUROSTOXX hit our target zone at the 5016.22-4977.25 area and found buyers as expected. The index has reacted strongly from the Equal Legs Area. As far as the price stays above 4992.3 low, we can count (iv) completed there. We would like to see break of (iii) blue peak to confirm next leg up is in progress, targeting 5128-5171 area.

Keep in mind that market is dynamic and presented view could have changed in the mean time. You can check most recent charts with target levels in the membership area of the site. Best instruments to trade are those having incomplete bullish or bearish swings sequences. We put them in Sequence Report and best among them are shown in the Live Trading Room

New to Elliott Wave ? Check out our Free Elliott Wave Educational Web Page and download our Free Elliott Wave Book.

Elliott Wave Forecast

Thank you for exploring our analysis of STOXX with us. While we provide insights on 78 instruments, it’s important to note that not every chart is a trading recommendation. For our official trading recommendations, join us in our Live Trading Room where we provide actionable insights in real-time. If you’re not yet a member, take advantage of our 14-Day Trial now to access new trading opportunities.

Over time, we’ve honed a reputable trading strategy that accurately defines entry, stop loss, and take profit levels. By joining us, you’ll have the opportunity to learn from market experts and improve your trading skills.

Join us today !

📈 Elevate your trading with Elliott Wave Forecast!

🔍 Explore our expert insights and real-time analysis covering Forex, Indices, Commodities, Cryptocurrencies, Stocks, and ETFs across 78 instruments.

📊 Gain exclusive access to our Official Trading Recommendations in the Live Trading Room, where seasoned experts provide valuable insights and guidance on new trading opportunities.

💰 For just $9.99, unlock a wealth of knowledge and experience with our 14-day Trial. Experience firsthand our proven trading strategy, which accurately defines Entry, Stop Loss, and Take Profit levels, empowering you to make informed decisions with confidence.

👉 Ready to take the next step? Sign up now and seize the opportunity to enhance your trading performance. Click here to start your Trial today!