CAC40 :WOLFE.W+SHARK+Strong Henry-DavidCAC 40: 3 strong signals detected: WOLFE wave + SHARK + Strong HENRY-DAVID. The EMA.50 and EMA.200 are potential targets. To see: Fibonacci, ICHIMOKU and Bollinger levels Wolfe's ascending wave is confirmed: TP1 has already been reached.Longby Le-Loup-de-ZurichUpdated 2
Fra40 Bullish?Analising the FRA40 we got a high probability to have a bullish market the price is near fibonacci 0,764 we got a support level in weekly charts we need a candlestick pattern to enter in trade in daily charts. MME 200 is a very nice support for weekly charts suporting a bullish movement Target 7300 Longby wilker5001
FR40 to turnaround at previous stem dip?FRA40 - 24h expiry Price action looks to be forming a bottom. We expect a reversal in this move. A move through 7025 will confirm the bullish momentum. Short term RSI has turned positive. The measured move target is 7050. We look to Buy at 6950 (stop at 6890) Our profit targets will be 7100 and 7140 Resistance: 7025 / 7050 / 7075 Support: 6975 / 6950 / 6925 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.Longby OANDA2
short #fra40 around 7550 with minimum 200 pts target at 7350i wont say much stuff,but what i will say ,its full fundamental and what happens in the country #cac40 (fra40 outperform many index,if its not all) while in France all gone bad since many weeks Big protest and it is not finish.. next data will surely be down as protest had block few sector the President public opinion had never been so low u can go on twitter every day in the best trend have aty least 2 tag for him and all are bad. so i dunno but many gap still open far down and at anytime i big drama protest can happens too but technically have so much gap to fillShortby corsicasiaUpdated 442
CAC40: some confluence?1. Declining Channel Pattern: The most prominent feature on the chart is the declining channel pattern. Historically, when prices touch the lower trendline, we often witness a bounce. 2. Linear Regression Channel There is also evidence of a linear regression channel pattern, with the price recently testing its lower range. This provides a potential area of interest for traders, as prices tend to revert to the mean after extreme deviations. 3. Fibonacci Retracement Levels: The index is currently hovering near the 38.2% retracement level, considered the 'golden ratio' in technical analysis. A solid break or bounce from this level could provide insights into the index's future direction. 4. Target and Stop Levels: A bullish target has been set at 7300, suggesting a potential upside of +2.8%. Conversely, a stop level is identified at 7000, translating to a potential downside risk of -1.5%. The win/loss ratio here stands at 1.6:1. 5. Key Note: A note on the chart points out that the index is "Testing the lower range of the linear regression channel pattern, and counter-testing the declining channel pattern's trend." This observation is critical, as the convergence of these two patterns (confluence) at the current price level could serve as a strong inflection point. Conclusion: The CAC 40 Index is currently at an intriguing juncture. While the declining channel suggests bearishness, the linear regression channel's lower bound provides hope for a potential bounce. Combined with the current position near the 200-day simple moving average and the 38.2% Fibonacci level, traders should be on high alert for a price movement. Remains a risky trade. Longby Peet_Serfontein0
FRA40 to continue in the sequence of lower highs?FRA40 - 24h expiry There is no clear indication that the downward move is coming to an end. Further downside is expected. A higher correction is expected. Risk/Reward would be poor to call a sell from current levels. A move through 7000 will confirm the bearish momentum. We look to Sell at 7100 (stop at 7150) Our profit targets will be 6975 and 6950 Resistance: 7100 / 7125 / 7150 Support: 7000 / 6975 / 6950 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed. Shortby OANDA1
French stock market index in the monthly time frameNegative divergence and the possibility of correction of the index and the French stock marketShortby NavidBasatzadeh1
FRA40 to see a fake breakdown?FRA40 - 24h expiry Price action has continued to trend strongly lower and has stalled at the previous support near 7025. Price action looks to be forming a bottom. We expect a reversal in this move. Risk/Reward would be poor to call a buy from current levels. A move through 7100 will confirm the bullish momentum. We look to Buy at 7025 (stop at 6975) Our profit targets will be 7145 and 7150 Resistance: 7100 / 7150 / 7175 Support: 7050 / 7025 / 7000 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.Longby OANDA2
No clear indication that FR40 downward move is coming to an end.FRA40 - 24h expiry There is no clear indication that the downward move is coming to an end. Further downside is expected. Risk/Reward would be poor to call a sell from current levels. A move through 7170 will confirm the bearish momentum. The RSI is trending lower. We look to Sell at 7230 (stop at 7280) Our profit targets will be 7110 and 7080 Resistance: 7200 / 7230 / 7250 Support: 7170 / 7130 / 7100 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed. Shortby OANDA4
CAC40 Long Pivot: 4280.00 Our preference: long positions above 4280.00 with targets at 4341.00 & 4358.00 in extension. Alternative scenario: below 4280.00 look for further downside with 4257.00 & 4237.00 as targets. Comment: the RSI is bullish and calls for further advanceLongby Daniel_Thompson1
Further downside is expected from French40.FRA40 - 24h expiry The correction higher is assessed as being complete. Further downside is expected. Risk/Reward would be poor to call a sell from current levels. A move through 7300 will confirm the bearish momentum. The RSI is trending lower. We look to Sell at 7370 (stop at 7420) Our profit targets will be 7250 and 7225 Resistance: 7350 / 7370 / 7400 Support: 7300 / 7270 / 7250 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.Shortby OANDA1
CAC40 Short Pivot: 7280.00 Our preference: short positions below 7280.00 with targets at 7180.00 & 7120.00 in extension. Alternative scenario: above 7280.00 look for further upside with 7325.00 & 7380.00 as targets. Comment: as long as 7280.00 is resistance, look for choppy price action with a bearish bias.Shortby Daniel_Thompson1
FRA40 to find sellers at previous support?FRA40 - 24h expiry There is no indication that the selloff is coming to an end. Short-term RSI has turned negative. Further downside is expected. Risk/Reward would be poor to call a sell from current levels. A move through 7150 will confirm the bearish momentum. We look to Sell at 7225 (stop at 7275) Our profit targets will be 7105 and 7075 Resistance: 7200 / 7225 / 7250 Support: 7150 / 7125 / 7100 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed. Shortby OANDA2
FRA40 Short Pivot: 7300.00 Our preference: short positions below 7300.00 with targets at 7226.00 & 7100.00 in extension. Alternative scenario: above 7300.00 look for further upside with 7320.00 & 7380.00 as targets. Comment: as long as 7300.00 is resistance, look for choppy price action with a bearish bias.Shortby Daniel_Thompson1
FRA40 Long Pivot: 7315.00 Our preference: long positions above 7315.00 with targets at 7407.00 & 7450.00 in extension. Alternative scenario: below 7315.00 look for further downside with 7270.00 & 7214.00 as targets. Comment: the RSI lacks momentum.Longby Daniel_Thompson1
Trading Under The Spotlight: My Open Analysis Odyssey #10Greetings once again, TradingView community! Our ongoing quest through the markets unfolds another intriguing chapter, serving as a testament to the unpredictability and dynamism that is trading. If you're joining this journey for the first time or have been a steadfast companion, here's a brief rundown of the principles driving this series: Transparency, Not a Tutorial : Through these posts, I aim to pull back the curtain on my trading thought process. However, the intricate mechanisms and strategies at play remain undisclosed. This isn't trading advice per se, but more a personal diary of market exploration. Frequency & Execution : Every day presents its unique blend of setups. However, not all are destined for execution. This series predominantly mirrors my mental excursions in the market, rather than constituting actionable advice. Purpose & Growth : The bedrock of this initiative is my aspiration to refine and amplify my market analysis prowess, all the while basking in the invaluable feedback from this vibrant community. Diving into the next analysis of the day: Instrument : FRA40 Bias : Short Overall Trend : Long Thoughts : My current observations have spotlighted two intriguing price action setups within this asset. Admittedly, my knowledge regarding the prevailing fundamentals of FRA40 is scant. Given this gap, I'm leaning towards abstaining from the first setup. The second does exude a certain allure; however, it's imperative to understand that fundamentals often steer the broader market direction. The trading adage of not swimming against the river's current rings true here — to defy it invites potential peril. My stance is one of observation, cataloging, and learning, aligning with the core tenets of this series. Engaging with this platform and its diverse group of traders and enthusiasts remains a cherished aspect of this endeavor. Onwards we march, uncovering market nuances and fostering collective growth, one setup at a time!Shortby jefferytheartist0
CAC40 to find sellers at current levels?FRA40 - 24h expiry The move higher is mixed and volatile, common in corrective sequences. We expect a reversal in this move. Risk/Reward would be poor to call a sell from current levels. A move through 7300 will confirm the bearish momentum. The measured move target is 7200. We look to Sell at 7350 (stop at 7390) Our profit targets will be 7250 and 7200 Resistance: 7350 / 7375 / 7400 Support: 7300 / 7250 / 7200 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.Shortby OANDA2
FRA40 Long Pivot: 7195.00 Our preference: long positions above 7195.00 with targets at 7330.00 & 7375.00 in extension. Alternative scenario: below 7195.00 look for further downside with 7145.00 & 7080.00 as targets. Comment: a support base at 7195.00 has formed and has allowed for a temporary stabilization.Longby Daniel_Thompson1
FRA40 Short Pivot: 7395.00 Our preference: short positions below 7395.00 with targets at 7215.00 & 7130.00 in extension. Alternative scenario: above 7395.00 look for further upside with 7440.00 & 7485.00 as targets. Comment: as long as the resistance at 7395.00 is not surpassed, the risk of the break below 7215.00 remains high.Shortby Daniel_Thompson1
FRA40Price failing to make new highs, i believe the trend will heading to the downside soonShortby RicoTrades_3
FRA40 Long Pivot: 7420.00 Our preference: long positions above 7420.00 with targets at 7507.00 & 7555.00 in extension. Alternative scenario: below 7420.00 look for further downside with 7354.00 & 7300.00 as targets. Comment: the RSI is above its neutrality area at 50%.Longby Daniel_Thompson1
FRA40 LongPivot: 7336.00 Our preference: long positions above 7336.00 with targets at 7464.00 & 7500.00 in extension. Alternative scenario: below 7336.00 look for further downside with 7300.00 & 7270.00 as targets. Comment: a support base at 7336.00 has formed and has allowed for a temporary stabilization.Longby Daniel_Thompson2
FRA40 Short Pivot: 7387.00 Our preference: short positions below 7387.00 with targets at 7310.00 & 7270.00 in extension. Alternative scenario: above 7387.00 look for further upside with 7415.00 & 7440.00 as targets. Comment: as long as 7387.00 is resistance, look for choppy price action with a bearish bias.Shortby Daniel_Thompson2