I see a forming configuration confirming a buy signal as the bulls are getting to push the market high again after a period of bear move. Get ready for my signal!
After a long flag pattern, The FGBL is facing a consolidation after testing two times a resistance on the top which allowed the BCD pattern to form an ascending triangle. If the volumes are important, the increasing behavior will continue until breaking the upper resistance (in black) to reach the target (point D) which is the intersection between a recent...
Breaking of a RANGE from the top which lasted approximately one month, we also notice a stagnation in the zone included between 177 and 178 according to the FIBONACCI configuration. I think the FGBL will stagnate for a little while before breaking the next area up and heading towards the 180s or it will come back to its previous area.
hello investors, today I present to you the analysis of the FGBL which is the heaviest and most liquid market in Europe, billions of euros are on this market, which is why this analysis was carried out with the greater rigor but above all with great vigilance. Treasury bills do not seem to be impacted by the global health crisis, the FGBL has generally been on the...
From a large perspective (weekly or daily on a large period of time) FGBL is increasing.
But for the moment (and in a short period of time) it's following a trading range ... Waiting for some volumes to change the behavior.
