Long
FTSE MIB is a new buy. Target at 24000.
Italian Index is breaking out above the relative high at 21700-800. Just let's wait to see a weekly close above this level and a confirmation afterwards. Price oscillator is moving above the zero, confirming the upwards cycle. Natural target of a buy strategy is at 24000.
Trade active
As suggested, the index has breakout about 21700/800. First relative resistance at 22900, then space till the final target at 23900/24000Note
Errata corrige: breakout above ( not about )Trade active
Trade is moving on our direction. Keep it till reaching the targetTrade closed: target reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.