CAC40 60min chartI believe CA40 will keep going lower again. On a 60 min chart the index found a resistance and it might complete the ABCD pattern as shown on the chart. By using fibo extensions I've found a support zone which could be a target for shorts.Shortby minerva_fx1
CAC40 Bearish Target.The CAC40 looks extreamly weak. It seems that the Index price is heading towards the 5.000 level without any hesitation. Good luck fellow tradersShortby smcjg0
CAC40 triangle break out and Elliott wave #5 up to 10000.CAC40 triangle break out and Elliott wave #5 up to 10000.Longby zdcnji4
Swing Trade With The CAC 40 TrendThe CAC 40 broke out of its November pivot high. This market action builds not only the stage for a French but also probably for a European rally during the next weeks! As of now, the only terminal elliott wave structure that meets the rules & guidelines is an irregular flat into primary wave 2(circle). We do not embark onto this scenario unless last weeks pivot low 5474 gets broken and leaves us with 3 waves to the upside instead of 5 waves into minor wave 3. Hence, we expect the CAC 40 to extend higher. S/L 5474 T 5950Longby scienceiUpdated 2
CAC40 Daily chartThursday's candle was undecided, but friday was completely something else. Buyers jumped in and the price closed above my S/R zone which became a support level and a reason for me to add to my long positions.Longby minerva_fx2
CAC 40 Daily chartCAC 40 had a 2 days though break. It is still within support/resistance zone, but just like DAX there was some profit taking and if the price goes below the zone we might see some more selling in coming days.by minerva_fx0
High & tight flag prediction for CAC 40We should be hitting red area as TP. This is just an idea, not an investment recommendation.Longby unfathomableman2
FRA40 Daily chartFrench index is stuck for a few days at the 01/11/17 high and fails to break out. We might see some selling and targeting previous support level. If it breaks through the highs we might see some strong buying reaching new highs.by minerva_fxUpdated 1
CAC40 BullishHi Traders, Look for impulsive breakout, for long opportunity, Good luck, OmarLongby OmarNAMOUCHIUpdated 7
CAC40, back to 5300 for end januaryCAC40 cannot break the strong 5500 resistance, buyers failed multiple time to take the price over this limit. The price has drawn a double top in the resistance horizontal canal. Since yesterday, sellers takes advantage and have created a new bear canal. In case tomorrow the support of the 5480 is significantly broken, the price will decrease to 5300.Shortby fdeltenr1
Bearish Short Term #Elliottwave Triangle In CAC 40It is likely that the contracting triangle played out in the CAC 40. The triangle counts as complete at this point. We expect swift price action to the downside into the 5,150-5,235 area. We'll focus on a buy the dip opportunity accross Europe rather than shorting at this stage.by scienceiUpdated 3
CAC40 4h LongGood buying opportunity RSI oversold level of support looking for targets higher 3:1 RRR Longby TG_AdvisoryUpdated 4
A positive end to the year for the CAC40??After yesterdays negative day for the #CAC40, a bullish triangle pattern, also coinciding with Fibonacci support & resistance zones building out??Longby StephenHoad0
CAC40 Bull PowerTrading method: RS ADVANTAGE Stage 5 system setup 95% accurate system manually forward tested over 3 years. In this situation we are now waiting for Awesome Osci to go into positive territory for trade entry confirmation to resume this bullish bias. Market execution for entry, confirmation will be required for entry. Risk Description: low risk trend continuation setup to continue this bullish movement. Profit expectations: 18 day trade length expected before hitting profit target I will post exit strategy when signal receives a exit signal.Longby UnknownUnicorn1372988Updated 1
Cac 40: Long-Pull long tradeCac 40 Long-Pull Long This index continues to make positive technical moves: the little continuation pattern that brings the index perfectly back to the long term dynamic that had acted as resistance for 10 long years since 2007 highs - it comes back for one last kiss - right on a line 10 years old - it turns it into support and fires northwards - classic stuff, even in a big index. And then for its next bull move it rallies from the long term dynamic to make a new post crash high and then comes back down to use the previous major high in 2015 as support - again resistance has been turned into support. Every big move it makes is positve. Now it should move up to 5850, consolidate a little and then rally to 6152. Support is firm at 5261. This index has 890 points upside and 120 maximum downside. If you leave the stop under 5255 on this trade there is a very low likelihood of it being hit.Longby sumastardon4