long esp35the pair rose and broke a pretty decent level of structure support & retest of that previous support used as a chance to hop on a bullish trade to the upside.
stop loss : below 8400
target : 9200 - 9240
entry : between 8650 - 8700
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About IBEX 35 Index
The IBEX 35 is the benchmark stock market index of the Bolsa de Madrid, Spain's principal stock exchange. Initiated in 1992, the index is administered and calculated by Sociedad de Bolsas, a subsidiary of Bolsas y Mercados Españoles (BME), the company which runs Spain's securities markets (including the Bolsa de Madrid). It is a market capitalization weighted index comprising the 35 most liquid Spanish stocks traded in the Madrid Stock Exchange General Index and is reviewed twice annually. Trading on options and futures contracts on the IBEX 35 is provided by MEFF (Mercado Español de Futuros Financieros), another subsidiary of BME.
Weekly Review Sept 6 2021 - Stocks, Crypto, EconomicsMarkets in Euphoria, Cryptos approaching area of a potential pause/ reversal point, markets need more than pocket change.
Remember key areas can go either way, trades take time to play out. Keep it simple, be patient, think risk/reward.
Going to test the main VA VPOC (S/R Reversal)The market shows the intention to test the main VPOC (since 1998) that has been a support until march 2020.
I have the slant that market will reject that support so my position will be closed at that price level (~8700€)
ESP35 - Bearish Gartley In Bigger Bear Pullback SetupI just started watching this index a few days ago after one of our live room members brought it up, so I have zero understanding of it's personality. Now I know that may seem dumb to many of you but it's actually very important since different setups perform differently depending on the markets pers
ESP35 long(short term)Hi guys, I am looking to long this pair its pretty obvious why, we have a nice 7 wave swing that we are trading to completion towards the box. Look for buy setups and entries.
Thanks A Million Times
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Trade With Care
ESP35 Finding Support on PSR?
Hello Traders... Here is another index that is setting up for a bullish move. I have marked on the charts the potential areas of Previous Support and Resistance (PSR) which may provide the required support to the upside. If they hold strong, I will be waiting to get a defined high arising from th
Spanish politicians reduce yield % of IBEX 35BME:IBC FX:ESP35 BME:IBC
Fear, unconfidence, uncertainly and anothers negative sentiment have come back?
Since 2016 we seeing a negative spread between Spanish index #Ibex35 and another European indexes like DY1! #Dax30 FX1! #EuroStoxx50 FY1! #Stoxx600
December 21st, 2015 starts
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