Short the CAC
The technical picture on the CAC shows clear price weakness, the price remains inside a series Andrew's pitchforks and looks determined to head lower. In addition to that, the stochastic oscillator is now in oversold territory which is a signal that more upside potential is limited.
From a fundamental point of view the renewal of the Grexit fear could trigger the move.
Short entry@4240
TP@3800
SL@4440
RR 2.2
From a fundamental point of view the renewal of the Grexit fear could trigger the move.
Short entry@4240
TP@3800
SL@4440
RR 2.2
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.