This would explain most major moves. Perform similar analysis for your lower targets. Pay attention to those price patterns (353 points).
I need more confirmation before I know for sure we are entering into my 3rd proprietary cycle. This could lead to a huge downturn to 4200-4250 very quickly.
Cac40 has been opening with quite a gap today just like most other indices. Price has made a lower low on the m5 and I will be trading it down to close the gap. If price moves down I will add aggressively so I max my profits. Watch the other indices closely as they are not there yet and a reversal might still be possible. Trade safely... *** If you like my...
Not confirmed yet. If it is, it would be an opportunity for some shorts/longs inside the triangle and at the end we should see a bearish continuation to find a support around 4600. Any thoughts on this idea? Let me know!
4991-4994 would be ideal.
FRANCE index is forming a H&S pattern? Looking for opening a long position.
CAC40 is fighting with a the key resistance of the 5500 this ressitance was tested 3 times over the last 2 years but never broken. Probability of a bearish reversal is 60%. Wait for a RSI divergence to confirm the downtrend.
have 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...
i think it will be the buy the rumor sell the new so ..ratio 3/3 i try it
I am going to bet that Le Pen wins the election. I believe that the Macron victory is already in the price, after first round of elections. Now he is approx. 20% lead vs Le Pen. So if Le Pen wins there would be a much bigger surprise. I will open a small position. The risk ratio is between 2-3, so this is comparable to every trade I make.
FRA40 enjoy the sell off: Bearish Gartley Pattern combined with AB=CD
Hello My friends! French index CAC Just Little fundamental analis:) Oland dont meet with Putin. France dont make money on Mistral deal and Poland asked Ollande "not hysteria" because of the failure to buy helicopters from France. Just disappointment. But in technical analysis need go up until lvel 78.6 and after fall I think market will start fall in...
Equities across the board coming off today... with S&P dipping below 2100. Anticipating a break below 4420, which would put it in buy territory.
The CAC40 is consolidating between 4300 and 4520 pts since the middle of July. The US indices are currently showing weaknesses, and so does the french equity market. The resistance area at 4550, doubled with the other one at 4520, definitely constitute a barrage for the buyers to go higher. The bearish forces are getting a bit stronger as weeks pass, as shown by...
FRA40 seems to be getting challenged at the swing, sign of a drop comming the week ahead.
CAC40 Resistance 2015 Trendline DOWN Possible break UP to 2011 Upper Trendline Overall looking for SHORT Position iBrokers www.ibrokers.ee