About meUncleTrader.com is social trading platform for sharing know-how. FX mustang is internal algoritmic system with precise conditions and entries. Find out more on: www.UncleTrader.com
MIB shows signs of a downtrend (again). Around 17300 we expect a rezistance with higher volatility due to BREXIT.
INDEX:MIB [/symbol
MIB is mainly driven by low-quality titles from the bank sector.
We expect reaction to the downside with quite interesting RRR of almost 3.
More you can find and learn free on UncleTrader.com .
You can see reaction on level 61,8% of the swing and also trendline.
We follow the formation ABCDE with profits on fibo extensions of the swing.
------------------------ UncleTrader.com ------------------------------------
Daily trend line is well respected. Pattern ABCD might just appear and therefore we predict long movement.
If possible I will entry FX:USDCAD round 1,30100 where lies also support on daily.
-------------------- Uncle Trader --------------------------
More you can follow on UncleTrader.com
EURUSD daily created a signal for FX Mustang trading system on 18/08/2015.
Great and strong signal were followed by massive movement into our direction.
Both profits taken in a very fast way in combination with reasonable RRR.
