captain_smollett

IBEX35. Spanish market getting ready to pop

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TVC:IBEX35   IBEX 35指數
IBEX35, the spanish stocks index, is ready to pop but first it has to correct to a huge support zone which was a resistance for approximately year and a half.

A potential Cypher pattern is pending to be completed highlighting the end of this correction, I will wait for pattern confrmation before I enter a long position.

If everything is correct, will place a buy order at 9134 level, SL: 9090 and TP at 10300
評論:
Larger view with important support/resistance zones highlighted

評論:
Some more long term development

評論:
And still expecting a drop on short term
交易結束:目標達成:
It was painful but it finally got there
交易結束:目標達成:
Long term target reached

Please, follow your strategy! Always!
If there is no strategy that has proven itself successful, please do not trade with real money!
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