Le_Chiffre_

Short CAC40 Risk Reward 1 for 7

Short
FX:FRA40   CAC 40 Index
Hi guys, if you plan to short the stock market, the French Index is the one as it is underperforming in comparaison to its peers( (due to a massive exposure to Oil companies). Last week, the Index failed on the 4300 level. My idea is to enter short at 4280 with a 50 points stop Loss. The first target is the last low at 3930 ( risk reward 1 for 7) and the second target is 3800. The last low before last ( Risk Reward 1 for 9.6). I Hope to be filled Monday morning

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