It is likely that the contracting triangle played out in the CAC 40. The triangle counts as complete at this point. We expect swift price action to the downside into the 5,150-5,235 area. We'll focus on a buy the dip opportunity accross Europe rather than shorting at this stage.
Trade closed: target reached
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.
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.