last gap filled ,next step back on dsupport if need an impulsion to go more up or to crash, will depend on us-china headlines
Markets are volatile and with the yield curve inversion, uncertainty is heightened in the short-term we can see a lot of down and up swings making it a great opportunity to trade short-term on indices. I chose CAC as it is less volatile compared to FTSE 100. This is my first post.. lets see how it goes!
Buy Limit 5227.9 - 5207.8 Stop Loss 5188.3 Take Profit 5475.7 - 5495.5
Trade idea For now, we are seeing a nice recovery in CAC40, after the strong sell-off that the index experienced on Monday. As long as it remains below that upside line, we will remain bearish over the short-term outlook and aim a bit lower. Please see the chart for levels and targets. Don't forget your stop-loss.
Price has formed an expanding wedge formation on the 4hr chart. This Index created a New ATH on 25th July and has since been in a bearish move. We feel the price will complete a retracement to the 38% Fib level before continuing in it current direction towards the 127 Fib Extension. Bias is still Bullish, and once our current target is reached, this Index could...
The bullish scenario remains active as long as 5325 is not broken.
The French CAC40 has struggled to break above the resistance zone into all time new highs. The ECB has promised cutting rates further negative and more stimulus...we shall wait to see the developments, but so far the markets have already priced that in and sold off today after the announcement. The CAC40 on the 4 hour shows 2/3 market trends. We had an uptrend...
* MACD - DIVERGENCE * CONSOLIDATION RANGE * CONTINUE UPTREND *CREATE BULLISH FLAG PATTERN
I will open sell after fake broke of key level 5658.000: - 5658.000 is a historical 13-Month High. - Many retail traders set their stop losses above such historical highs. Big players hunt for such places to accumulate volume. - Potential profit will be in 5...20 times bigger than risk.
Trade idea CAC40 got held near its April high, at around 5600 barrier. If the index breaks above it, we may see the price moving further up, to test the 2018 high, near the 5657 zone. This is a quick shout-out. The chart is self-explanatory. Please see the levels and targets on it. Don't forget your stop-loss.
Hi Guys the FR40 is finally completing the B wave of a bigger flat correction, I have been tracking it for a while , I am anticipating it to break the top before a reversal to the downside. *Wait for flag then sell the breakout once the trend is broken. Trade with care Thank you for your support
Price is stalling in significant resistance zone. Consolidation after exhaustive bull run. Looking for a fast breakdown moving away from the entry similar to last drop from previous swing high. OANDA:FR40EUR
1.Price is retracing in a downtrend 2.Trend line is nearby 3.Short if a reversal sign appears