CAC bearish (15M chart)
Monthly CAC 40 Analysis And Forecast November 2020 : CAC40 Will Going Down
📌 A short update on French Equities that are also full of dramatic events. The nature of the down cycle came after the infamous leg we played to the topside and began profit taking. How to spot an early discovery of the flows? The diagram clarifies the relationship between the ending of wave 5 and the beginning of the initial 'A' leg with Covid. This...
DISCLAIMER: As a trader you should consider your own risk:reward ratio and do proper lot sizing according to your margin and leverage level. Not every idea is a valid trade. This analysis is a trading idea, not a trading signal for you. My own trend direction estimation, entry point, stop loss and take profit levels are on the chart. Please like, comment and...
DISCLAIMER: As a trader you should consider your own risk:reward ratio and do proper lot sizing according to your margin and leverage level. Not every idea is a valid trade. This analysis is a trading idea, not a trading signal for you. My own trend direction estimation, entry point, stop loss and take profit levels are on the chart. Please like, comment and...
As of the open today, the French stock market is down 32 percent from February. There's a broad based stock market crash going on, with financials down 42% year to date. For this, I will be shorting from these regions, and using the futures index as it's proxy. 13:51:33 (UTC) Wed May 13, 2020
As we can see, we are waiting for the retest in the tendence for the most risky ones, if you want the best operation, we need to wait the broke of the offert zone to enter in the operation with a really low risk! For more operations and analysis of this and other Index and Forex pairs, follow me and give a like for the effort!
Covid-19 outbreak will harder than 2008 subprimes crisis. Get ready for the fall ! Already 30% of my equity with x10 leverage SHORT. TP @3100. Have fun guys !
We might rebound toward 4200 but the trend is still bearish and this monthly candle is scary... technically a bear market have 3 phases: we are only on the first phase where we assist of a fast decline on prices the second phase is like a bounce to retrace a little from the decline then the last phase where price continue their decline but slowly For me my...
We broke a weekly canal started in 2011 !!! and we managed to close just above a support at 4619 when we will break it then .... short now and try target 4012 this scenario is invalid if close above 5050
i m waiting for 3 methods bearish and another use dip candle
We are still a long way from getting the double top pattern confirmation but we have an interesting start here, just in case the CAC40 dropped below 5000 points so the trend change will be final. RSI + Stochastic 2 These indicators indicate more room for declines. Target: $ 5450
CAC40 price is evolving in a diagonal pattern near 2007 high (strong resistant/supply zone). _________________________________________________________________________________________________________________________________________ Traders! if you like my ideas and do take the same trade, please write it in comment so we can manage the trade...
short #CAC40 at 5776 if you cant catch it,try tom around 70-80 and sell,the plan its simply to take the correction of a bearish rsi divergence + we are on monthly resistance and a bit overbought so 3 Tp like that each tp you cut 33% of your position