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Cac40prediction

RSI bearish divergence+ overbought Short at 5382have a nice Bearish divergence in H1 overbought much in h4,daily,weekly Many Gap have not been filled too the us stock is much overbought so i think they will correct also and so will make the ger30 and fra40 follow them move. and the eurusd will cetainly make a small puback who ill weigh on the ger30 who i repeat is linked with fra40 not at 100% this last week but usually around 95% positive correlation i enter at 5382 we can see he block since 3-4 candle h1 to pass it so it should return back first/ i open 2 position same as all time 1 will be cut at target 1 and second in trailing stop for the Stop loSS i let you manage it lie is not a big trade cannot do a good ration if put SL so me i will put it around 5435 and the RR will be 1/2
TVC:CAC40Short
by corsicasia
CAC-40 jumps to 12-week high, bias higherEuropean bank stocks cheered the prospect of higher Fed interest rates which should help their profits thereby pulling general indices higher. Frances CAC-40 index jumped to a 12-week high of 5294, bias higher. Better-than-expected economic data which included flash Euro-zone PMI prints for September also lent support. Technical studies support further gains. We see bullish divergence. The index has shown channel breakout and has breached 100-DMA resistance. Price action now hovering around 61.8% Fibos at 5293, next bull target 5323 ahead of 5339 and then 5374. Go long on break above 5293, SL: 5259, TP: 5323/ 5339/ 5374
FX:FRA40Long
by FxWirePro