SkylinePro

FTSE MIB - tracing last leg of counter trend rally

Long
SkylinePro Updated   
INDEX:FTSEMIB   FTSE MIB INDEX
FTSE MIB seems to be tracing intermediate wave (C ) up that will complete primary wave 2. Most probable target before the trend is reversed lyes in the range 20,350 - 21,200. A move below 17,600 would indicate the trend already reversed. FOLLOW SKYLINEPRO TO GET UPDATES.
Trade closed: target reached:
FTSE MIB reached the target range and reverted, as predicted.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.