FX:FRA40   CAC 40 Index of French Listed Shares
20 1 3
in this timeframe, we can see that wave 4 of wave V was a pullback on the 61.8% fibonacci retracement of previous wave C (for me it's a sign of continuation). furthermore, around 4740 points, there's a fibonacci cluster (100% & 161.8%) just perfect & certainly significative i think. moreover it seems that higher bollinger band (in strategic timeframe) will be near of this fibonacci cluster when (if...) price go till this target.
hidden divergence & trend line on momentum indicators (short RSI & Stochastique) are confirming my point of view

PS / sorry for my poor english, i'm a french guy. I will try to improve it
i forgot some precision :
- price is actually laid on the bolinger moving average
- price has, with a wick, bound on my EMA channel, with confluence of the 61.8% fibonacci ratio (= good!!)
- price just touch a "time cycle" vertical line, & immediatly move up

thanks
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