TomProTrader
Long

#IFXD-Update: Bulls Strong, 3 Wave Impulse Rally In The Making!

FWB:IFX   INFINEON TECH.AG NA O.N
35 0 3
Price moving well as we leave accumulation as predicted in previous analysis (See related ideas). Rounded bottom after a bullish impulse leg at a solid Fibonacci confluence ratio zone shows we have a solid support where the bulls are participating in the rally. Investors clearly acknowledged this level, upside is likely. Move will likely move in the form of a 3 wave cyclic move.

Still opportunity for a long. I hope you have a tested trading strategy so you can catch the move.
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