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PTdesk

France 40 Short

Short
CAC 40 Index (INDEX:CAC40)  
PTdesk Updated   
INDEX:CAC40   CAC 40 Index
Trend Analysis Wave Analysis
3
0
trendanalysis waveanalysis
Short @ Current Market Price (5170 levels), Target Price 1 - 5106; Target Price 2 - 5050; Stop Loss - 5210

Reasons: Price in down trend channel; Down trend price structure exists; Price is now rejected at the top band of the channel.
Comment:
Target 1 reached
Trade closed: target reached:
Target 1 & Target 2 both achieved
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