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CAC 40
Short
Updated

Double top on CAC40

138
A beautiful double top appeared on CAC40 index, the neckline has been broken this week. Down potential between -2.5% and -10%
Trade active
Pullback over the neckline is possible, price will hit 5200 and then initiate the down to 4400
Note
pullback is observed over the neckline but the bearish scenario stay the best option
snapshot
fdeltenr
Also on:
CAC 40 CFDChart PatternsDouble Topdoubletoppattern

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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
CAC 40 CFDChart PatternsDouble Topdoubletoppattern
fdeltenr
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.