FTSE MIB Triangle Breakout!
Updated
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 pattern.
Happy trading to all!
What do you think it'll happen after the triangle breakout? Would you do a totally long position or maybe use some oscillations to maximize profit? What about the leverage? I think that a 2x leverage would be the best and the safest option for this position.
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Breakout confirmed: it's the time for a short term sell position.
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