“FUZZI” E “FIBO”
Un’accoppiata fantastica, l’indice ha superato, almeno per ora, discretamente bene area 23500, resistenza importante. “Tenere” questo livello come supporto renderebbe abbastanza fattibile il livello “tondo” 24000 prima e 24500 poi, con obbiettivo di medio lungo i 25000.
Politica permettendo, l’indice sembrerebbe orientato al rialzo.
INDEX:FTSEMIB is clearly breaking out a perfect triangle pattern, and this is a confirmation that a long position would be the best opportunity for a long term investment for this year... I think the best would be:
Open a long position
Keeping it up for one year max
Closing the position before (10 days before min) the falling wave that comes after the triangle...
The parabolic support guides us on a possible breakage of this resistance on the Italian index would make very interesting from the point of view of Risk Reward this potential trade since from that level onwards would meet much less resistance giving confidence to buyers to ride a possible trend.
The trend is strongly bullish for the Italian index. This from the first days of January to this days. After the collapse of May (from the highs) it has reached the support area setted at around 18000 points. The price in these 4 months has recovered most of the descent, returning below the key static resistance in area around 22300 points and identified by 23.6%...
This is my trading plan for February 2019.
Will be working this plan for the rest of the year, and review December 31 2019.
This is based on:
- 2 years of crypto trading
- realisation that I suck at daytrading
- suspicion I could be good at macro swing trading
- recent education on Babypips and other trusted sources
The focus of the year is on: