F40 trade ideas
CAC40 - 240 - Will it hold?Trade Alert
The index is at a critical point once again. Will it break the lower bound of the rising channel, or will it get contained within the boundaries of that channel. We will remain cautious for now and wait to see where the weekly candle will close. If it's outside, then this might clear the path towards much lower areas.
Please see the potential breakout levels on the chart.
Don't forget your stop-loss.
CAC 40: Very strong long term upside potential. 6700 on sight.CAC is quite strangely printing on the big 1W/1M time frames a similar trading pattern with the early - mid 90s. The MA50/200 sequence is identical within a Channel Up with two distinct peaks that broke the Channel momentarily before testing again the supporting trend line.
What stands out in particular is the +46.50% rebound from the first Higher Low on both cycles. What follows after is a giant Inverse Head and Shoulders pattern, which gave rise to the second peak outside the Channel Up.
CAC40 is currently on that Inverse Head and Shoulder pattern attempting to price the Right Shoulder.
With such striking similarities it is only natural to assume that the current cycle will follow to a large extent the 90's cycle. Which means that after the Inverse Head and Shoulders is completed a +49.50% rise may follow (second peak outside the Channel) bringing the index close to 6,700. This is our long term target for CAC and the candle action times this by March 2020. After that the final Higher Low takes place which should pave the way for the new hyper aggressive cyclical bull market similar to the late 90s - 2000.
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CAC40 - Market Crash Cycles | Indices | Macro Trends*Please support this idea with a LIKE if it helps you. Thanks!
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CAC40 has been labeled within a Sub-Millennium degree wave 4 (blue), which has been unfolding ever since the Dot-Com bubble.
Structure - Flat Formation
2000 peaks and down until 2003 bottoms - Grand Super-Cycle wave A (black)
2003 bottoms up until 2007 tops - Super-Cycle wave (a) (purple)
2007 tops and down until 2009 lows - Super-Cycle wave (b) (purple)
2009 lows and up until present times - Super-Cycle wave (C) (purple)
Super-Cycle (C) (purple)
Pattern - Ending Diagonal
Sequence - 5 Wave Sequence, with Cycle Waves I II III IV V (green) decomposed as Primary ABC (turquoise)
Current Position
Cycle Wave V (green)
Next expected swing
Bearish sequence in Primary B (turquoise)
Market Crash Forecast
Support granted at or around the 5300.00 mark and then a bull run towards the 6300.00 levels, where the Grand Super-Cycle Wave B (black) is expected to complete.Grand Super-Cycle Wave C (black) would reflect the next Larger Degree Recession.Structure change.
Breach of the lower trend-line of the Ending Diagonal could reflect the fact that the Market Crash already started.
France 40 Index, Sell after break downI will open Sell if the price will break down the key level 5538 and D1 candle will close under 5538
On the chart, we see that price made huge accumulation but didn't move up. If the price will start down move all guys who opened buy above key level will be stopped and they will bring new volume to the market
Short CAC40 as global indices pull backIf you look at the global equities you'd think that the global synchronised growth narrative of 2017 is back in full force - this is very far from the truth of course. In particular, the performance of the CAC40 in the last 4 months, given the uncertainties in the Euro area, is nothing short of remarkable and baffling at the same time. But the question is how long can this fairy tail continue? With the US indices fighting off their all time highs now, the probability of a significant pull back in equities is rising everyday and the CAC 40 is one of the majors that has much to give back. From a technical stand point the RSI has been showing divergence for the last 3 to 4 weeks which again indicates that the pull back is due. Needless to say that markets can stay irrational much longer than one can stay liquid and i'll take my losses if it continues to go up this week.
FRA40 shortHi traders,
on the weekly chart we see a dripple top right now on FRA40 the stock market index from France.
Let see where the next daily candle close. If we see a dripple top so we can go short and catch many pips.
Let see what the next days bring to us.
I will set only 4 trades with different targets, as investor and trader you must share your risk on many trades.
Use a smaller lot as long term trader.
Your Stefan Forex
CAC40 Rejoins Channel, Technicals Flash OverboughtWhile the CAC40 gave traders an almost perfect technical upward channel for January February and most of March, that channel was broken last week only to be somewhat regained over the past few sessions. It still does not know however if that channel support line is now resistance or still support. Moving averages all signal upward momentum while bull bear sentiment and RSI flash that this index is overbought. I'm not confident in equities right now. They all seem overbought and tend to be universally stagnant. Let's see how much further we can go though.
Former Support Channel as Resistance?This is such an interesting technical channel that we saw stemming back from December 2018. While, it failed to continue and broke through, it seems like now price action wants to use that former lower section of the channel that was support as resistance. However, this one is not as perfect as the channel that had formed as price action is creeping back into the channel. Either way, this one is still a fun one to watch considering how technically perfect it was acting for quite a while.
CAC40 - 240 - Just an idea for nowAfter breaking through the lower side of the rising channel last week, the index traveled south, but found good support near the 5265 hurdle, from which CAC40 rebounded.
But what the index is drawing right now looks like a potential head-and-shoulders formation. That said, before the index actually travels back to its possible neckline, near the 5265 level, we can't fully trust this idea yet. For now, keep it in the back of your heads.
Please see the chart for details.
Don't forget your stop-loss.
France40 - strong up trend near strong resistance - sell on 4H-strong uptrend since end of December
-price is near long term resistance line and retraced already three times from this line
-price retraced already from upper up channel trend line
-all indicators showing bearish correction incoming
-wait for clear short confirmation before entering this trade
good luck to all and have a nice weekend !
Channel broken a bit early, but could indicate bear marketMy call on CAC40 is changed from long to neutral now that global markets are increasing their fear on a global slowdown. This is evident in markets around the world as Asian markets plunged today as did European. US is set to be down as well. Overall, the channel break is incredibly disheartening for those expecting higher gains as it was a huge move down (3 percent). If you were not in this trade closer to the bottom, you may have missed your chance. If you didn't sell before this dip then you may have made some money. For those shorter-term traders, you may have already missed the train. We could get back in this channel tomorrow, but that seems unlikely. I'm actually more neutral to short than neutral, but Trading View only gives us three options so I prefer not a drastic shift from long to short. Let's see what happens over the next few days.
