Yew - first time poster, just doing for my own records - but predicting a bearish pattern for France. seems to be sticking to fibonacci sequence too. PLEASE any ideas/criticism/advice would be much appreciated. Gracias
CAC I do not trade this but is weird to hear a phone call from an old colleague of a French bank, but indeed this is not a call. Learn how to beat the market as Professional Trader with an ex-insider! Next one on June 4th, Book your seat, just 25 available. Have a Nice Trading Week! Cream Live Trading, Best Regards!
CAC40 is fighting with a the key resistance of the 5500 this ressitance was tested 3 times over the last 2 years but never broken. Probability of a bearish reversal is 60%. Wait for a RSI divergence to confirm the downtrend.
CAC Sell Idea @Weekly Supply Zone (5458.79 - 5569.93) Sell Limit: 5458.79 Stop Loss: 5571.93 Take Profit: 5200.00
CAC 40 failed to break above 5540 as it is a clearly prevailing resistance Level. Trade Setup could be established by selling the index here at 5504 TP1 5430 TP2 5365 SL 5580
Bullish on equities correction should end soon. If not here we will look for entry levels lower. RSI oversold with divergence.
The chart is the CAC40 with dividends + the futures market prices (8am-22pm sessions). It's like the DAX futures. We have a perfect bearish Gartley, with a sell signal today at the 78% Fibonacci level. On the CAC40 index, the lower target (TP3) would be 4840 points.
BME:IBC FX:ESP35 TVC:IBEX35 After the worries of Wall Street subside, the technical analysis tells us that we have entered an area far from the minimum of the year and waiting to rise slowly as it goes overcoming resistances. 1) Above the downtrend line (yellow), still remains 4 interesting resistances: 50 EMA, 100 EMA, 38.2% fibonacci (9826) and the...
Have we got a possible short here guys?! Prices could possibly travel all the way down to lows of 5080.0 . I'm waiting for this break and literally stalking our key level at 5240.0 . If of course, prices break to the upside of 5320.0 you could expect prices to wipe out our prior high at 5360.0 and potentially head higher, possibly towards the 5460.0...
I believe that we've got ourselves a nice juicy short on the table here guys. I'm anticipating a bearish pull down to lows of 5120.0 and also 4920.0. Let's see how this turns out! Of course I'll be updating any moves on this trade! Stay Tuned! TP: 5120.0/4920.0
This is my idea, i'm not a professional On the PX1 graph Sorry if my english is not good, i'm french
O YES THE FEAR IS HERE.. exciting times for traders worldwide.. To be continued....
INDEX:CAC Not much to say, but its time for a light short, with a tight stop. And wait for the goodbye kiss so we can resell, and another short when the sHs limit breakout.
Price is on the trend line and a pivot point, we will waiting for a price rebound before take a call.
We should be hitting red area as TP. This is just an idea, not an investment recommendation.