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UnknownUnicorn569872
Jul 6, 2017 8:35 PM

Short CAC 40 and other indices (long term) Short

CAC 40INDEX

Description

I can't believe that the invalidated Gartley pattern actually gave very important and extremely accurate Fibonacci levels on the CAC40. I traced the lines last year, and check out the 261,80%, 361,80% and 423,60% levels ... ! Everything above the 423,60% Fibonacci level from the Macron trade was very probably a fake out (bull trap). It would actually be interesting to see a variation of the Island Reversal here.

I would not be surprised to see the CAC hit again the 423,60% then the 161,80% lines ...
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