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warrenbuffettdemicasa
Oct 18, 2021 6:26 PM

ibex35 strong resistance at 9000ish Long

Spain 35 CFDFOREX.com

Description

a reverse H&S is forming on ibex35(now36)
the proyection of the pattern would theoreticaly bring it to 9600ish..let's see..
by a fundamental point of view it should be no problem for it to reach the target, since EU looks like wont let the QE any time soon

Comment

still dealing with the neckline, even if passes the neckline, i wont take this trade, will just check it for the sake of it and to keep eyes trained. i think there are more clear and better opportunities.

Comment

trying to break the neckline again
Comments
wolverine6093
I see it more like a wedge, with some bearish action short term.
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