CAC 40 INDEX (FRANCE 40): ABOUT TO POP!
https://www.tradingview.com/x/d77Owu7q/
Initially, I saw that France 40 has very recently moved out of a falling wedge pattern over the past months. On a higher intraday timeframe it has moved out of a rising wedge.
I am always very interested when I see patterns ending in this way. They end for a bullish or bearish reason usually.
So I then jumped to the Daily timeframe and what do I see? A perfect playbook head n shoulders pattern (bullish) that has already retested the neckline, so that YOU won't be stuffed around having to wait for price to retreat and retest.
I could see a lot buying going this yesterday.
All things being equal and no jars or negative volatility from news events, this will surely be one of my first Buy-orders during Monday.
Intraday, recent selling has turned to buying the past day or 2.
Initially, I saw that France 40 has very recently moved out of a falling wedge pattern over the past months. On a higher intraday timeframe it has moved out of a rising wedge.
I am always very interested when I see patterns ending in this way. They end for a bullish or bearish reason usually.
So I then jumped to the Daily timeframe and what do I see? A perfect playbook head n shoulders pattern (bullish) that has already retested the neckline, so that YOU won't be stuffed around having to wait for price to retreat and retest.
I could see a lot buying going this yesterday.
All things being equal and no jars or negative volatility from news events, this will surely be one of my first Buy-orders during Monday.
Intraday, recent selling has turned to buying the past day or 2.
Bài đăng liên quan
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.