SignalSwiss
Long

[FTSE-MIB] BULLISH CONSOLIDATION?

TVC:FTMIB   Milano Italia Borsa Index
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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Trade active
Comment: trend still bearish....
Trade closed: stop reached: Bullish structure invalidated
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Comments

Ouch dude 5/5
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Thanks, very helpful insights, still waiting for the low area to enter then?
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Again, the shot is very good.
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thx
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