CAC40 (FR40) - LONG with 1/3 Risk-Reward

Small trade for the week 10 - 14 Sep.
TL broken, divergence on RSI & MACD
On MA(21).

Move SL to break-even once 1:1 R/R is hit.

Note

SL moved to break-even

Note

Shame, break-even hit, nothing won, but also nothing lost.
Now, wait for new pullback before doing anything

Trade closed: target reached

Well, target hit, there was no new entry possible,
missied this one because of SL moved to break-even.

If you arer still in, take some profits at first target and let the rest run with a trailing stop.
*** Price seems to have formed an Head & Shoulder pattern, so go after a target around the same lenght as the Head.

* The 5387 Target might be a bit harder to reach ..

Note

test test2

ElliottWaveBelgium

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ElliottWaveBelgium

Don't forget to like, share and follow !

Questions? Chat or Comment on Ideas
Don't forget my public Telegram channel -
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