FTSEMIB, FTSE MIB Index - Potential Breakout on Parabola

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FTSE MIB INDEX (INDEX:FTSEMIB)

INDEX:FTSEMIB FTSE MIB INDEX

Trend Analysis Chart Patterns Triangle parabola peterbrandt breakout signals signal signalservice Ascending Triangle

trendanalysis chartpattern triangle parabola peterbrandt breakout signals signal signalservice ascendingtriangle

FTSEMIB
The parabolic support guides us on a possible breakage of this resistance on the Italian index would make very interesting from the point of view of Risk Reward this potential trade since from that level onwards would meet much less resistance giving confidence to buyers to ride a possible trend.
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