[FTSE-MIB] BULLISH CONSOLIDATION?

From a technical point of view, the Italian index could trigger something like a wave (5), and if this is correct, we do not rule out a new TOP in the medium term. That said, we can try to take a long position around 21.536/21.351, and put stop loss below 21.153. This setup has a good R/R ratio (> 1: 3).

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Comment:

trend still bearish....

Trade closed: stop reached:

Bullish structure invalidated