FTSE MIB INDEX
A return move to previous high's is what the inverse head 7 shoulders is forecasting. Which is likely to happen in the next couple years. 30 years to get back to those levels! An entire generation! It's why deep capital markets , technology, having the reserve currency $, some financial doping, an entrepreneurial workforce, and degen investor base all...
💎FTM/USDT 🟢long 🛑max lev 50 💵$3.6%-1.8% OF CAPITAL 🟩enter:0.37350 🟥stop : 0.37127 🔮target's 🪙0.37573 💶0.37796 💷0.38242 💴0.38688 💵0.38911 R/R = 7 RISK HIGH
#FTM UPATE. #FTM is trading nowhere but in the accumulation range since a week now now.The next could be possible in ether direction depending upon the next btc move ,on breaking upside the red line will the next resistance which can be tested on 2-3H TF.
great risk reward, good L1 protocol project, great updates and good ta and chart.
The remaining of three trades taken here remain open prior to the open of Asian equity market's tomorrow. I've gotten some questions regarding my Chinese holdings, and the Trump ban on Tik-tok. I stand behind these calls and will be holding both and will provide updates on partial closes when taken.
H&S PO at 15,200 area $MIB40, $EWI, $FTMIB
Retested C&H PO at 18000 area $MIB40, $EWI
The Euro Index is in sync with $DAX and $CAC40, but $MIB40 hasn't really fallen yet.
Target 21.200 october/novemeber Ultraoverbought short term.
FTSE MILANO ITALIA BORSA INDEX
No many to say here, while looking for $Nikkei higher $FTMIB aligns with possible 5th wave extension towards the +20k..
The overlay shows very similar price action in the three months running into the referendum. The only difference is that the MIB appears to have passed it's low point and is on the way back. Remember that a few weeks after the Greek referendum there was the huge crash of 24 Aug 2015.