FR40 / FRANCE 40 Index Money Heist Plan on Bullish SideBonjour My Dear Robbers / Money Makers & Losers, 🤑 💰
This is our master plan to Heist FR40 / FRANCE 40 Index based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Attention for Scalpers : If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low
Stop Loss 🛑 : Recent Swing Low using 1H timeframe
Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
Stay tuned with me and see you again with another Heist Plan..... 🫂
France40index
Cac40 France ideaHey Guys,
Yearly is bullish - but only above 7660.
Q Chart is Bearish - Bearish Engulfment.
Monthly as Well. Quarterly Stochastic is turning down.
3 Zones to watch: 8100 7650 7373
Monthly candle is testing Bullish Trendline… Bounce expected to form a lower igh below the Double Bottom. -> Bearish Chartpattern
I will look for an Entry on the Hourly Chart.
Thanks for reading
France 40 Uptrending Buy OrderFRA40 Long Position
Entry: €5,644.6
TP & RR: €5,688.0
Stop Loss: €5,627.3
REASONS FOR THE TRADE
Breaking up from a descending triangle, I expect the price to retrace slightly and then continue the up move. Stop Loss is set below the trendline and the target is at a resistance level. Market Flow indicator show a clear move up.
The trade is slightly in retrospect as by the time I write the trade idea price started moving up. However, I think you may have a chance to enter again.
France 40 Triangle - Short PositionFrance 40 - Short Order
Entry: €5,659.6
TP & RR: €5,569.7 (1.7)
Stop Loss: €5,710.8
REASONS FOR THE TRADE
Typically this isn't a trade I would take as the RR is less than 2 and I consider those unfavorable. However, the price may form a lower high and I want to take advantage of the action if that is the case. The SL is placed just above the previous high. If that level gets hit, it would be a clear invalidation of the downtrend idea.
France 40 Ascending Channel - Long PositionFrance 40 Ascending Channel - Long Order
Entry: €5,668.1
TP & RR: €5,760.5 (1.89)
Stop Loss: €5,619.3
REASONS FOR THE TRADE
Again, this is a trade that I would like to take, but will not due to already having enough positions. However, I am sharing this idea for those of you looking for a trade setup, especially if you are trading FR40.
This is a similar ascending channel to a recent trade idea I posted on Oil (from yesterday). I am expecting the price to slide up and then do a move up, at least forming a double top and possibly reaching the upper trendline.
Further, I am seeing a crossover on the Market Flow indicator, so I believe the bulls have enough strength to push the price up.
The Stop Loss is set just below the recent low. Generally speaking, if it breaks down from the lower trendline then I would be looking to close the trade since that invalidates the initial setup.
Short France40 Index
I expected today that the French index will go through correction after overextended buy, but seems like, this buying frenzy hasnt stopped .
Which brings me to a good trading idea, to short this double top formation and wait for it to reach its bottom 0.681 fibo retracement after overbought levels.
Open Short FRA40 5756
Tp1 5700
Tp2 5650
Tp3 5600
Tp4 5500
FRANCE40 INDEX (FRA40Cash) (CAC40) A quick scalp idea:
Price is currently moving in an rising wedge, and we will be looking to place short trades when the RSI indicator becomes relatively overbought. The price had already broken out of a ascending trendline from the monthly timeframe, therefore, short positions are highly feasible on this index.