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munyaelliott

FRANCE40 INDEX (FRA40Cash) (CAC40)

Short
CAC 40 Index (TVC:CAC40)  
munyaelliott  
TVC:CAC40   CAC 40 Index
Trend Analysis Technical Indicators CAC 40 CFD france france40 france40index breakout Rising Wedge
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trendanalysis indicator cac40 france france40 france40index breakout risingwedge
A quick scalp idea:

Price is currently moving in an rising wedge, and we will be looking to place short trades when the RSI indicator becomes relatively overbought. The price had already broken out of a ascending trendline from the monthly timeframe, therefore, short positions are highly feasible on this index.
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