FCHI trade ideas
CAC40 - Daily - Below the upside lineTrade idea
For now, we are seeing a nice recovery in CAC40, after the strong sell-off that the index experienced on Monday. As long as it remains below that upside line, we will remain bearish over the short-term outlook and aim a bit lower.
Please see the chart for levels and targets.
Don't forget your stop-loss.
FRA40 - Formation of Expanding Wedge on the 4Hr ChartPrice has formed an expanding wedge formation on the 4hr chart. This Index created a New ATH on 25th July and has since been in a bearish move. We feel the price will complete a retracement to the 38% Fib level before continuing in it current direction towards the 127 Fib Extension. Bias is still Bullish, and once our current target is reached, this Index could reverse and continue in its Push Up.
CAC40 Fails to make New All Time HighsThe French CAC40 has struggled to break above the resistance zone into all time new highs. The ECB has promised cutting rates further negative and more stimulus...we shall wait to see the developments, but so far the markets have already priced that in and sold off today after the announcement.
The CAC40 on the 4 hour shows 2/3 market trends. We had an uptrend with well defined higher lows and higher highs, and now we are ranging. On the current candle, we had a fake out with the wick above, and the bears are stepping in.
Await for a break of the 5535 zone before entering a short. See how strong the candle break is and we can assess the trade when that happens.
NEED PULLBACK LOWER TO GO HIGHER* MACD - DIVERGENCE
* CONSOLIDATION RANGE
* CONTINUE UPTREND
*CREATE BULLISH FLAG PATTERN
FRA 40 (CAC40), Price is approaching to historical 13-Month HighI will open sell after fake broke of key level 5658.000:
- 5658.000 is a historical 13-Month High.
- Many retail traders set their stop losses above such historical highs. Big players hunt for such places to accumulate volume.
- Potential profit will be in 5...20 times bigger than risk.
CAC40 - Daily - Not an all-time high, but...Trade idea
CAC40 got held near its April high, at around 5600 barrier. If the index breaks above it, we may see the price moving further up, to test the 2018 high, near the 5657 zone.
This is a quick shout-out. The chart is self-explanatory. Please see the levels and targets on it.
Don't forget your stop-loss.
France40 short term buy setup BEFORE SellHi Guys the FR40 is finally completing the B wave of a bigger flat correction, I have been tracking it for a while , I am anticipating it to break the top before a reversal to the downside.
*Wait for flag then sell the breakout once the trend is broken.
Trade with care
Thank you for your support
Bearish area developing - FR40Price is stalling in significant resistance zone. Consolidation after exhaustive bull run.
Looking for a fast breakdown moving away from the entry similar to last drop from previous swing high.
OANDA:FR40EUR
CAC40, SHORT TILL 51601.Price is retracing in a downtrend
2.Trend line is nearby
3.Short if a reversal sign appears
CAC40 - 240 - Quick ideaTrade Idea
This is just a quick shout-out on CAC40, which has broken the short-term downside line and also one of the key resistance barrier at 5345.
Please see the chart for levels and targets.
Don't forget your stop-loss.
CAC40 - 240 - Wait for itTrade idea.
Yesterday, the index managed to recover some of its losses and traveled higher to test the short-term tentative downside line. If that line continues to hold the rate down, then we could see another round of selling. But if it breaks and we see at least a 4-hour candle closing above it, this might increase the chances for a further push higher. That said, for a better confirmation of the upside, ideally, we would wait for a break and a close above the 5345 barrier. This way, the index would be back above the 200 EMA again, which could be seen as a positive sign.
Please see the chart for levels and target.
Don't forget your stop-loss.
CAC40 - Indices Trading | Elliott Wave Structures | Q2 2019*Please support this idea with a LIKE if it helps you. Thanks!
More details about me in my signature.
CAC40 - Elliott Wave Outlook
Bearish Swings - Patterns:
Triple Three structure in Cycle Wave IV (green)
W (purple) - Zig-Zag
X (purple) - Three (false break-out)
Y (purple) - Simple Flat
X (purple) - Contracting Triangle
Z (purple) - Zig-Zag
Bullish Swings - Patterns:
Impulse in Intermediate (1) (blue)
Extension in Minor 3 (green)
Next expected swing:
Bearish sequence in Intermediate (2) (blue)
Structure change:
Bullish continuation in an impulsive manner could lead towards more up-side for an Ending Diagonal.
Possible tasse avec anse à valider avant action figure chartiste bullish. Si la ligne de coup casse elle ouvre la voie à un rebond court terme. Impérativement attendre la cassure, voire un pull back avant d'entrer, le mood n'est pas à la fête en ce moment. Mais le support est d'importance ! Affaire à suivre
SHS CAC40 4H/1DSHS on 1D near to break down. Just did a pull back to upper side of bearish directrix today leaving a 4H bearish candle and way to live it in 1D also. It could break down soon this week.
Likely to go down until 0.618 fibo retracement (around 4950). I would set sl at around 5415.
Un support rassurant et une ETE inquiétanteLe CAC est-il à la croisée des chemins après un automne et un début d'hiver rigoureux, suivi (trop rapidement?) par un rebond spectaculaire?
Une banale analyse chartiste doit au moins nous ouvrir l'appétit et nous forcer à rester les yeux grands ouverts.
FR40 Start of the Right ShoulderThis pair looks to have formed the top of the right shoulder.
Low risk trade with potential for a huge gain although be careful.
Not financial advice just my thoughts.
