captain_smollett

IBEX35. Spanish market getting ready to pop

Pembelian
TVC:IBEX35   Indeks IBEX 35
IBEX35, the spanish stocks index, is ready to pop but first it has to correct to a huge support zone which was a resistance for approximately year and a half.

A potential Cypher pattern is pending to be completed highlighting the end of this correction, I will wait for pattern confrmation before I enter a long position.

If everything is correct, will place a buy order at 9134 level, SL: 9090 and TP at 10300
Komentar:
Larger view with important support/resistance zones highlighted

Komentar:
Some more long term development

Komentar:
And still expecting a drop on short term
Trading ditutup: target tercapai:
It was painful but it finally got there
Trading ditutup: target tercapai:
Long term target reached

Please, follow your strategy! Always!
If there is no strategy that has proven itself successful, please do not trade with real money!
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