FR40EUR ready for another short? My idea is to shorten the bearish engulfing pattern after the market has made a new low.
FRANCE 40
France 40 Index - Bullish OpportunityBullish momentum is present on France 40 Index. We can expect other Euro pairs to go up as well as the indexes show good bullish signs.
CAC40 BUYBullish on equities correction should end soon. If not here we will look for entry levels lower. RSI oversold with divergence.
France 40Possibility to SHORT if breakdown of the trend line.
Possibility to LONG if no break down of the support line.
Possibility to go SHORT if reaches the resistance line.
I am a new trader, any thought on the current situation? :)
