CAC Sell IdeaCAC Sell Idea @Weekly Demand Zone (5538.92 - 5662.43)
Sell Limit: 5538.15
Stop Loss: 5668.90
Take Profit: 5352.02
Risk Management = 0.01/$100
Close partially the contract once it reaches 50% of profit, Move stop loss over the entry level
Close partially the contract once it reaches 80% of the profit
F40 trade ideas
Possible gain 5.60% ShortIn this configuration a simple triangle does not offer any tendency everything will play at the exit, if we break the support of 5360 points we can consider a decrease of 5.60% in support of 5060 points, if it does not then realize a head-shoulder this will form the head down
CAC Buy IdeaCAC Buy Idea @Weekly Demand Zone (5538.92 - 5662.43)
Buy Limit: 5538.15
Stop Loss: 5668.90
Take Profit: 5352.02
Risk Management = 0.01/$100
Close partially the contract once it reaches 50% of profit, Move stop loss over the entry level
Close partially the contract once it reaches 80% of the profit
CAC UpdateIndex is making an inverted cup and handle pattern and can fall to the extent of 5000-5100 levels in the coming months.
MACD is entering into negative territory below 0 line. No semi circle/circle drawing tool to draw in the chart.
Start from 5045 and draw semi circle touching 5658 as middle point to get the inverted cup.
CAC in the black list?CAC I do not trade this but is weird to hear a phone call from an old colleague of a French bank, but indeed this is not a call.
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