F40 trade ideas
CAC40 - 240 - Correction and down again?Trade idea.
For now, the CAC40 continues to lose ground. But, given that it already quite overstretched on the shorter timeframe, there might be a chance to see a bit of correction before another leg of selling.
Please see the chart for levels and the alternative scenario.
Don't forget your stop-loss.
CAC 40 NEW HIGH the CAC 40 break a major resistance at 5660-65 and trading now at 5690 making new high , I think that this push might continue and we will reach 5700-5730 soon unless some Geopolitical issue or Tweet over the trade war is made
You can go long to try target 5730 but for me I will Wait to short because the uptrend dont have very much way to go
Cac 40 Bear Trap ? new high or correction ?The CAC40 is on a bullish trend but show some weakness trying to break the resistance at 5660-5665 but it is so obvious that I might think that is a bear trap and we could make new high trying to reach 5700-5730 before starting a correction so for now my strategy is to wait for a better signal to short
CAC40 - Potential Breakout on Cup & HandleINDEX:CAC40
Very interesting phase in the basket that contains the first 40 French companies per market cap, or the CAC 40.
The 17-year bearish trendline was broken 2 years ago and the bearish trendline has already supported it three times and now a Cup & Handle has been formed that could break out next week and become a potential asset to enter.
CAC40That is a very good question regarding CAC40. The price gives us a bearish signal. As the price is around the resistance level which is also around 61.8% fib lvl of the original drop. Since the trend-line established Dec 2018 broken, we can consider this rising wedge as a correction. But what if it doesn't happen as we planned? The backup plan is also included.
CAC 40 Trade (2-day Short Trade)Markets are volatile and with the yield curve inversion, uncertainty is heightened in the short-term we can see a lot of down and up swings making it a great opportunity to trade short-term on indices.
I chose CAC as it is less volatile compared to FTSE 100.
This is my first post.. lets see how it goes!
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.