Market preparing for Italian election

27 feb 2018

Type of wedge/pennant is forming and will potentially break the neckline of previously formed double top.

28 feb 2018

Trade chiuso: obiettivo raggiunto

Tp1 hit. Now we break the support and possibly starting the reversal of the trend.
Moving SL to breakeven and now even if we observe false break, we've pocketed some money.

2 mar 2018

Trade chiuso: stop raggiunto

Tp2 hit break even. Will wait to see if up trend will hold up and if not will look to short again.