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the5erstrading
Dec 8, 2019 1:22 PM

CAC40 Index: Fibonacci Level Combined With Supply Short

EURONEXT:PX160
CAC 40 IndexEuronext

Description

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The price creates a fresh supply above which also 0.236 Fibonacci level of the last drop in the price.
It is a great level to sell CAC40 Index on the first touch,
The first target will be demand - 1 and the final target is demand - 2.
Support and ResistanceSupply and DemandFibonacciFibonacci RetracementkeylevelsCAC 40 CFDpriceactionproprietarytrading
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