France 40 Long?France40 seems to be on its way to complete the correction of the bigger picture , it is trading in a high frequency. Long positions can be taken from current levels. Any new low is the potential last one goodluck. :)
FRA40 trade ideas
France 40 cfd forming a rising wedge pattern France40 forming a rising wedge pattern on a weekly timeframe and daily timeframe so we're hoping for a sell
CAC 40 News AnalysisI predict with the best probability the future trends, my ideas are reserved for the experienced trader. #UniversTrader
CAC40, sellHow to use TP!
When the order price breaks down Tp1,
you wait for Tp2 and SL moves to Tp1,
so as to secure earnings.
So with Tp2 to Tp3.
When we publish the closing of a position, you close it.
When the order comes to SL, always
consult with us, do not close the order.
Follow your open positions!
France 40 / Cac 40 - 21 year level and divergence Fra40 Index can take u turn after hitting close to its 21 year old level.
We can see big divergence in daily chart time frame on Rsi.
Mostly USA and Europe index touch all time high and we are still in uncertainty about economy and COVID Delta fear rising again. Shorting is idea for now but if wait with cash for a better opportunity it will be wise decision.
CAC40 Daily Bearish Divergence Just Before we Reach the ATHThe CAC40 Index has a daily bearish divergence as we approach the ATH price of $6950. Will be testing the ATH in 130 points on a bear divergence. Might not get it before we pullback but this looks like its shaping up to be a double top. Short it.
FR40 Bullish entry! - let bring another daytrade home!Hello there traders!
As always we provide you with analysis on tradingview.
Currently we are looking at the FRA40 where we had a nice impuls and corrective move.
Structure tested supply zone and created a reversed H&S.
Bullish pressure pushes the market up and after the retest of the right shoulder we should see FRA40 take its flight to the moon.
We also have seen the counter-trendline break wich indicates we are bullish.
Last but not least we see the market create H&S and a rejection of the retest.
This means we are satisfied and ready to take the trade.
Have a good week!
FRA40 - Approching after 21 YearsFrance 40 Index approaching it's old all time high score, but this time economy also bad with high inflation while COVID is back again in Delta shape.
The only wise decision to wait with cash or trim the positions.
Gartley Pattern Trading Strategy
Gartley patterns are harmonic chart patterns based on Fibonacci numbers.
The first stop-loss point is often positioned at Point X and the take-profit is often set at point Fibonacci retracement numbers.
I normally open 3 small positions or a big position and close partially at 0.618, 0.5 and 0.382 Fibonacci numbers.
FRA40Cash (Daily) Bearish ReversalHi Traders
FRA40Cash (Daily Timeframe)
Waiting for the downward break of 6340 support level which will complete a bearish trend reversal pattern to go SHORT. Only the upward break of 6577 would cancel the bearish scenario.
Trade details
Entry: 6340
Stop loss: 6577
Take profit 1: 6216
Take profit 2: 5993
Take profit 3: 5630
Score: 5
Strategy: Bearish Reversal
CAC 40 Weekly ChartHallo traders,
This weekly chart shows CAC40 in move.
Seems the index broke above the resistance line, the RSI is little over-bought, but i can't see any sign of weakness.
I'm looking for shorting opportunity here.
Your comments are very welcome.
Samy
Bonjour France 40/CAC40! Long trade idea with take profit levelsHello traders!
A Fundamentally and technically backed up trading decision is presented on the above chart.
Trade management is crucial in trading success.
Take profit levels are labelled green.
Have a great day!
FRA40 BREAKOUT ON NEGATIVE SENTIMENT MAY BE REJECTEDWe saw CAC40 index breakout last day of the trading week, however on a negative sentiments with relatively low volume. This could lead to price rejection. IF PRICE IS REJECTED, the index could be heading towards its mean value.
Higher timeframe sentiments remains bullish.
N.B
- Let emotions and sentiments work for you
-ALWAYS Use Proper Risk Management In Your Trades
FR40EUR, Long We at a support areaSmall hour time frames must have head and shoulders at support area to confirm the Buy. Good Luck
CAC40 6275.52 + 0.28 % LONG IDEA * BREAKOUT & STRUCTURE HELLO EVERYONE
HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE IN THE MARKET THIS WEEK, HERE'S A LOOK AT THE CAC 40 INDEX.
* follow your entry rules on entries
* significant moves with the bears change the plan.
lets see how it goes.
many stars must align with the plan before executing the trade, kindly follow your rules.
HAPPY TRADING EVERYONE & LET YOUR WINS RUN...
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ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING TRADE
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If this idea helps with your trading plan kindly leave a like definitely appreciate it.
