On 23 January he started a bullish movement that has brought us between 28 and 29 to finally break the old channel in which we were short-term (trend marked by the black descendants). The break coincided with the peak of volatility in the month of January after which we see as a simple ADX volatility has calmed, then the movement has taken the form of side with a consolidation day dominated mainly by scalpers and day traders, the last day of January, but he also saw the presence of institutions, but these have not been expressed in prices for most of the day, but driving on the sidelines until the descent of the title to test the upper side of the former bearish channel, this movement is recognizable in the shape of a wedge that has found the end with test 15.3 (50% control of the candle bearish January 23) on this level has coincided perfectly well the test of the former bearish channel as mentioned above, the upward scored from there resulting in breakage of the day and out of the bearish rising wedge is all the result of 'action of the institutions that had been there since silenti.Come we can see from the profile view of the market on January 31 appears to be a bear trap, in fact we can see that although it was mostly bearish with tests and breaking important support levels (see 15.4) finally scored a closure which passes the control point of the day (red dashed line), from which it had to deduct the implementation of the trap and the subsequent continuation of the the day after a bullish movement Febbraio.La Today Feb. 1 appears to be dominated 100% by institutional players, who today express quotations of the trends, only one thing .... uncertainty, in the opening lap and the subsequent closure made exactly on the control point of the day (red dashed line at 15.78) without completing the covering of the Lap clearly say that we have to wait to find out the future guidelines for these individuals will decide the title. For now we rely on the graph that shows the emergence of a new bullish channel, that channel is, however, immediately challenged by the emergence of a possible 1.2.3High. so we do not know if he can hold, at present the average mobile 144 (purple) at 30 min increased from 15.5 and appears in turn as we see Long and is fully in contact with the bottom edge of the new channel, so it say that any downward movement should be considered only at break of 15.5, which leads to retest a minimum of 15.3, only the collapse of that level, we might call full trend in short since this is the confirmation of that break 1.2.3High + 50% control of 23 of the candle gennaio.Percui, now we feel to be moderately confident of a recovery in share prices in Long sense, given the fact of Bear trap more an expression of movement Long by institutional players, but the indecision of these subjects on a day like today in which they dominated to 100% makes us suspect that the likely rise, however, could be full of false signals and more work than you might think breaking the continuous path or channel canali.In new definition of the substance ' Target possible if confirmed by the rise in the coming weeks is not very ambitious for something extra and it would seem also marked by a road accidentata.Per the moment I do not recommend Multy Short positions, which should be taken solely on the signal strength of 15.3.
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