FRA40 shortHi traders, this is my view on FRA40 the french economy indice. Here we can see a perfect educational market struktur to show how important it is to know the work of fibonacci retracement. Beweent 0.786 & 0.618 Fibonacci retracement is the golden zone to enter for trendfollowing trades. And what does the price? The price on this indice change the direction at the golden zone. So you see trading is now rocket scienes, what you need is patients to wait for the right setups and the patient to let the trades run. Have a good trading week. Best wishes Stefan ForexShortby StefanForex1
CAC40 - 60 - Short term ideaTrade Alert The index is still within a rising channel formation, but CAC40 is currently testing its key support at around 5265 level. A drop below it may invite more sellers into the game and we may see the price sliding lower. This is when we will aim for a possible re-test of the lower bound of the rising channel. But we will consider this idea ONLY if we see a clear break below the 5265 hurdle. Please see the chart for levels. Don't forget your stop-loss.Shortby JFD_Research2
What is the next target of #CAC 40 ?The trend of the CAC 40 in recent years is an uptrend. in October 2011 the Cac has undergone a technical correction of 1200 points and then very quickly he returned to his upward trend, in October 2015 after a long rise the Cac has made technical correction of 1000 points pretty much like the first time and quickly took it back bullish trend, in October 2017 the Cac has made a technical correction of 800 points and at the moment it is in progress and normally should be redone as the last two completed times a rise is exceeded the last record price. The Cac will seek a goal to reach and the point of the Double Top (6100) in 14% of the current price is probably possible Buy Cac 40: Entry Price: 5290 Take Profit: 6100 Stop Loss:5000 Longby xosignals3
CAC40 - 240 - Wait for a confirmation break firstTrade Alert CAC40 is ver close to key support area at around 5200. In order to examine lower areas in the short run, we would like to see a break below the 5200 before we get comfortable with the downside. That said, don't forget that the index is still within a rising channel formation, seen on a bigger picture, hence why the potential downside move could be seen as a correction. If the price travels back above the 5240 level, this is when we target slightly higher levels again. Please see the chart for details. Always have your stop-loss in place.Shortby JFD_Research0
CAC40 arrivé sur une zone de résistanceLe CAC40 arrive actuellement sur sa MM200 qui coincide également avec l'extension de SSB De plus il est éloigné de sa Tenkan, on peut donc s'attendre à un repli vers celle-ci aux alentours des 5100 L'indice devrait être baissier à moyen termeShortby swing_trading2
SHORT SHORT CAC40 approaching resistance, potential drop!CAC40 is approaching our first resistance at 5184.1 (horizontal swing high resistance, 61.8% Fibonacci retracement , 100% Fibonacci extension ) where a strong drop might occur below this level pushing price down to our major support at 4950(38.2% Fibonacci retracement , Horizontal overlap support, 61.8% Fibonacci extension ) Stochastic (89,5,3) is also approaching resistance where we might see a corresponding drop in price. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.Shortby FlowState1142
SHORT CAC40 approaching resistance, potential drop!CAC40 is approaching our first resistance at 5184.1 (horizontal swing high resistance, 61.8% Fibonacci retracement , 100% Fibonacci extension ) where a strong drop might occur below this level pushing price down to our major support at 4950(38.2% Fibonacci retracement , Horizontal overlap support, 61.8% Fibonacci extension ) Stochastic (89,5,3) is also approaching resistance where we might see a corresponding drop in price. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks. Shortby FlowState35
short bientot pour fr40 ?short bientot pour fr40 ? zone a surveiller si signal de vente Shortby KmnTrading0
Trendfollowing Setup!!! Do not miss!!!This is a one by one technical trade setup. Very easy to pick up such beautiful uptrends. Like the saying goes.... the trend is your friend!Longby Professionalinvestfx3
Confirmed Broadening Top. Partial recovery is generally to be expected following the completion of a broadening pattern. In most cases, a rally will develop shortly after the level of the fourth reversal has been broken. This rally seldom gets beyond the half-way level between the last top and the last bottom of the pattern. When it works, this rare pattern is exceedingly important, and generally marks a critical turn from bull to bear market. When it comes to taking a short position, the conservative policy is to wait for the rally and to sell when prices have recovered about 40% of the decline which completed the broadening top. by Jonty19851
Intraday: Long CAC40 as it approaches Demand ZoneReason: 1. Prior consolidation before strong up move, shows hidden selling activities at this region - buyerswill be likely to defend their positions at this level 2. Strong uptrend move – aggression of the buyers shown 3. Prior resistance turned support level Our Trade Setup will be: EP: 4917 SL: 4897 TP: 4937 Best Regards, NourCapital - Tracking Smart Money Flow Disclaimer: The material (whether or not it states any opinions) is for educational purposes only, and does not take into account your personal circumstances or objectives. Nothing in this material is (or should be considered to be) financial, investment or other advice on which reliance should be placed. No opinion given in the material constitutes a recommendation by Nour Capital or the author that any particular investment, security, transaction or investment strategy is suitable for any specific person. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Longby Nour_Capital0
CAC40 approaching resistance, potential drop!CAC40 is approaching our first resistance at 4931 (horizontal overlap resistance, 38.2% & 38.2% Fibonacci retracement, 61.8% Fibonacci extension ) where a strong drop might occur below this level pushing price down to our major support at 4556 (61.8% Fibonacci retracement , horizontal pullback support) Stochastic (34,5,3) is also approaching resistance where we might see a corresponding drop in price.Shortby FlowState55