ElliottWaveBelgium

CAC40 (FR40) - LONG with 1/3 Risk-Reward

Long
OANDA:FR40EUR   France 40
Small trade for the week 10 - 14 Sep.
TL broken, divergence on RSI & MACD
On MA(21).

Move SL to break-even once 1:1 R/R is hit.
Comment:
SL moved to break-even
Comment:
Shame, break-even hit, nothing won, but also nothing lost.
Now, wait for new pullback before doing anything
Trade closed: target reached:
Well, target hit, there was no new entry possible,
missied this one because of SL moved to break-even.

If you arer still in, take some profits at first target and let the rest run with a trailing stop.
*** Price seems to have formed an Head & Shoulder pattern, so go after a target around the same lenght as the Head.

* The 5387 Target might be a bit harder to reach ..

Comment:
test test2

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