Get started
Spain 35 CFDSpain 35 CFDSpain 35 CFD

Spain 35 CFD

No trades
See on Supercharts
Overview News
Ideas
Discussions Seasonals

SPA35 trade ideas

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!
FX:ESP35Short
by UnknownUnicorn129775
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 Melendi
FX:ESP35Short
by Gmelendi
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.
FX:ESP35
by soyelsimo