Bullish flag on IBEXI see a clear flag on ibex, maybe it could explode in a few hours.Longby juanram0nPublished 111
A signal shows the spanish stock may turn down It may be a good trading opportunity here, if we sell the index around current level. the triangle is about to end, with the left "shoulder" structure, i would prefer to take a short here. what do you think???Shortby RandRPublished 4
Short setup IBEX35Wait until 9.550 zone and we can think on sell. Like always much patience to enter!Shortby KikeFerrerCastelloPublished 222
IBEX 35 | Corrective structure about to endWell... This chart is a difficult one. We have a long term bearish channel and a mid term bullish support (Acting like a corrective structure) We also have in the short term an inversed flag/corrective structure that could end both ways, being broken upside or downside. Anyway as it's an inversed flag it should break downside wich means bullish mid term support must be broken. We could spect a new wave downside if this happens so my decision on this chart is... Short on breakdown and if breaks upwards, short on top of the channel. Regards and happy trading!Shortby UnknownUnicorn129775Updated 3
About to repeat higher first then down?- Risk 30 points for potentially 180 if the move lower materialize at 8780 - Invalidated if we break above 8830 - Larger TF remain bearish by sugardaddyFEDUpdated 2
Downtrend continuationDowntrend continuation for IBEX 35. wait a little for the breakShortby Cristian_TAPublished 1
Targets the lower end - green box for potential long- Ibex in 5 wave move lower - support at 8360 levels may offer decent RR for a counter trade off the bear flag - need confirmation from the RSI on larger time frames by sugardaddyFEDPublished 1
IBEX either fail or about to break 9400- 1 hour potential Head and Shoulder formation targets 8800 - A bounce from current level may put in a strong rebound to test upper bullish channel - If H&S plays out - the target is decent and viable since 8800 level has minor support April 15 See weekly and daily chart too for directional play by sugardaddyFEDUpdated 0
IBEX 35 | Perfect channelExpect a fall to 8800-8650 Happy trading!Shortby UnknownUnicorn129775Published 221
IBEX35 Swing ShortWhen the price hit 9.500 I will think in sell, always wait the best price or de best moment.Shortby KikeFerrerCastelloPublished 1
IBEX 35It should be topping just in this point reaching important resistance and tendence line (red lines), so, the most probably way is starting vth wave down. But if up acceleration occurs from this point I'll have to review the waves countShortby frankyPublished 112
IBEX bearish from the end this monthIBEX confirmed the head&shoulders with the break of the 2yr support at the beginning of the year. It's is inside of a downtrend line since july 2015 and it is arriving to a good point to open shorts. Since it tested 7900 points it start a ABC correction that meets with the 50% fibo. For the next months, i expect the 5th impulsive elliot wave. RSI arriving to levels that in the past worked as tops. Reasons why i see this idea: Downtrend line 5 impulsive elliot wave 50% fibonacci correction Pull-back RSI near to tops Head&Shoulders active Gonzalo MelendiShortby GmelendiPublished 3
IBEX35 long termi hope a last drop till june-july before new uptrend as wave 3Shortby frankyPublished 110
IBEX35 | PERFECT PULLBACKWe have seen spain pulling back to 9230 resistance. Care with new lows and try to catch a great entry at 7500. Happy trading!by UnknownUnicorn129775Published 2
ESP35Lower highs and lower lows: We have some additional correction to go throughShortby AntoninoRomano37Published 1
Spain could finally see a bounceIf we check how volume is increasing we can detect some panic around. We should spect some kind of hard bounce around this levels or 7500 levels. Regards.Longby UnknownUnicorn129775Updated 225
Wait for long signalDivergence has been corrected. It would be ideal open the position at the last minimum but I was waiting for the confirmation. That will be when the RSI touches the yellow dotted line. It should not break it and define the RSI trend. The trade has a very tight stop because we are assuming the floor before it is consolidated, so is a risky spot to enter. in the long run this would be the first wave of 5 (circle), first wave from a very small grade. Below the last minimun 7756 the analysis would be incorrect.by soyelsimoPublished 0