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FR40EUR trade ideas

(FR40) Index to hit 4600 EUR Pretty SoonFirst off, please don't take anything I say seriously or as financial advice. As always, this is on opinion based basis and not meant to be taken seriously. That being said, let me get into my opinion. FR40 which is a French stock index for the Euronext Paris, have been hit pretty significantly as a result of Covid19 after being on a bullish recovery for almost a year prior. Now, as the markets are weighting in and people are starting to "panic sell less", I believe it is about to pass the 4600 euro threshold and likely to go on a stable price recovery trend. The 4600 EUR threshold crossing is likely within a week or so at most, but the recovery process is more of a long afterwards.
FShort
by gamer456148
CAC40 Potential recoveryDisclaimer: This is not a trading advice. The 0.382 level has been challenged many times already, it acts as a strong resistance, the support has also been challenged many times since the beginning of the rebound. Those two make a great ascending triangle. The PUTS / CALLS ratio shows that the market is still bullish. Even though buying puts for the sole of buying puts is forbidden the ratio keeps decreasing => more calls & less hedging The ban on short positions has been extended until 18 may. The exponential moving average 18 & 9 will cross on monday (EMA 9 > EMA 18). S&P500 is on a bull run and has done a V-shaped recovery for now so investors might FOMO on European stocks which could do the same. Also institutions want to restart the economy as soon as possible. If we successfully break the triangle I wouldn't be surprised of seeing the price above 0.5 Fibo level - 4800.
TVC:CAC40Long
by m_dolr
FRANCE40 Long 80%Hi Trader; Indices France40 Long 80% probability to hit target on profit. - Target 4829 - Stop Loss 4228 Daniel Martin -------------------- Why you need to follow me well - 19 years trading experience - Professional analysis - Powerful reversal zones +++ To be consistently successful trader you must have rules ; your own rules. +++ Remember this is my entry not your entry NOTE: I do have my reason for my entry; now if you have the same entry that me; the perfect you have more possibilities to be correct; but the opposite I will do nothing , just follow me and wait for a new trade.
WHSELFINVEST:FRANCE40CFDLong
by CityTradersImperium_Daniel_M