FRA40 trade ideas
CAC40 BUYBullish on equities correction should end soon. If not here we will look for entry levels lower. RSI oversold with divergence.
WATCHLIST!!!!!!!!!!! Bullish Gartley on FRA40 (CAC40)Look out for this index to have a reaction around this level.
Market crash is due, the CAC40 is just an exampleLooks like all corrections in all indices are over, and we are going to see a market crash in May-June.
The multi-year bear market started end of January this year, but nobody notices. Watch out for a big sell-off over the next couple of months.
Note that EUR and other currencies should fall together with indices and bonds. Crude should follow too.
CAC40 SHORT!Have we got a possible short here guys?!
Prices could possibly travel all the way down to lows of 5080.0 . I'm waiting for this break and literally stalking our key level at 5240.0 . If of course, prices break to the upside of 5320.0 you could expect prices to wipe out our prior high at 5360.0 and potentially head higher, possibly towards the 5460.0 Region.
TP: 5080.00
FR40EUR It's ok to get it wrong haha. It hasn't happened yetAnalysing fun, Drill down to lower time frames to see a rally- not interested? Ok.
Drill down to a lower time frame such as the 30min, 1hr. Look to sell next high. Of course no action without supporting evidence to
the potential move. The usual patterns will play out. It's a little lower right now than I'd like to sell at. I'm always looking to save some coin LOL.
I like 5240 to sell and 5040 to close the position.
Idea only, not a recommendation. :) I could be wrong.
NEURTAL ON CAC40!Prices could go either way, I'm just waiting for a decisive break.
Prices could respect the chinese hat and eventually fall to the downside target of 4700.0
OR
Prices could pierce straight through the ''V'' or like most of you love to call it the ''Chinese Hat'' and ascend to highs of 5400.0 . Either way I think it's safe to say that we've got a trade on our hands guys, a bullish run to at least the 5200.0 Region.
TP: 5200.0
CAC40 MTFMonthly : Weakness of the new highs (exhaustion), testing a trendline.
Weekly and daily : New lows, the market is in a PB wave.
Hourly : search for bullish weakness
SHORT ON CAC40!I believe that we've got ourselves a nice juicy short on the table here guys.
I'm anticipating a bearish pull down to lows of 5120.0 and also 4920.0.
Let's see how this turns out!
Of course I'll be updating any moves on this trade!
Stay Tuned!
TP: 5120.0/4920.0
