FER - 4 months CUP & HANDLE══════════════════════════════
Since 2014, my markets approach is to spot
trading opportunities based solely on the
development of
CLASSICAL CHART PATTERNS
🤝Let’s learn and grow together 🤝
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Hello Traders ✌
After a careful consideration I came to the conclusion that:
- it is crucial to be quick in alerting you with all the opportunities I spot and often I don't post a good pattern because I don't have the opportunity to write down a proper didactical comment;
- since my parameters to identify a Classical Pattern and its scenario are very well defined, many of my comments were and would be redundant;
- the information that I think is important is very simple and can easily be understood just by looking at charts;
For these reasons and hoping to give you a better help, I decided to write comments only when something very specific or interesting shows up, otherwise all the information is shown on the chart.
Thank you all for your support
🔎🔎🔎 ALWAYS REMEMBER
"A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist"
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⚠ DISCLAIMER ⚠
The content is The Art Of Charting's personal opinion and it is posted purely for educational purpose and therefore it must not be taken as a direct or indirect investing recommendations or advices. Any action taken upon these information is at your own risk.
FER trade ideas
FERROVIAL. New Opportunity To Follow The Trend.As mentioned in a previuos post about Ferrovial, a new hike of the share price was likely. After a first bullish leg, the share price has moved back towards a strong support. Long trading strategies are advisable again, with stop loss below €17.98.
Good luck fellow traders
Mid term bearish un last Wave#Brexit has confirmed some bearish trends that were making signals. This still has a bearish path, a price of 17.82 cancels this analysis. For sure a good place to buy would be 13.47 but get to there will take some time maybe a couple months from now.
there would be finished the mid term bearish wave and a 5th will be in develop