vlad.adrian
Long

Frech correction ends with double bottom

FX:FRA40   CAC 40 Index of French Listed Shares
104 0 3
Weekly chart looks bearish , but came very close to the Wave.
Daily chart looks bullish .
Hourly chart looks extra bullish .

Double bottom with false breakout and bullish divergence . If price will close over 4470, then the daily will start looking extra bullish too so no need to close out the position. Current hour didn't end and I hope that the current long candle wont become a shooting star .

Entry : 4431
Stop : 4398
Target : 4500
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