juanclos

Complex evening star confirmed

FX:FRA40   CAC 40 index of French listed shares
12 0 2
Definition of an evening star, bearish pattern made of a bull trend plus small bodies of candles and finally a strong reversal; set up in early April, confirmed last week, 5219 the reference point.
Complex in this case.
It's been sideways since early March, thus it is foreseeable to reach the 5000 mark at least; if you have interests here, Wait in 5205, SL @ 5225, RK, RW             8.
5170 is the top of previous up trend, then it is likely to be a support, naturally 5200 is the top of the range in smooth way.
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