FR40 Long
Long Idea on FR40. 2 legged pullback, bounce of the bottom of the channel and is at the 21EMA.TP at previous high. SL at previous candle close.
PX1 trade ideas
CAC40 - 4 months HEAD & SHOULDERS══════════════════════════════
Since 2014, my markets approach is to spot
trading opportunities based solely on the
development of
CLASSICAL CHART PATTERNS
🤝Let’s learn and grow together 🤝
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Hello Traders ✌
After a careful consideration I came to the conclusion that:
- it is crucial to be quick in alerting you with all the opportunities I spot and often I don't post a good pattern because I don't have the opportunity to write down a proper didactical comment;
- since my parameters to identify a Classical Pattern and its scenario are very well defined, many of my comments were and would be redundant;
- the information that I think is important is very simple and can easily be understood just by looking at charts;
For these reasons and hoping to give you a better help, I decided to write comments only when something very specific or interesting shows up, otherwise all the information is shown on the chart.
Thank you all for your support
🔎🔎🔎 ALWAYS REMEMBER
"A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist"
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⚠ DISCLAIMER ⚠
Breakout Area, Target, Levels, each line drawn on this chart and any other content represent just The Art Of Charting’s personal opinion and it is posted purely for educational purposes. Therefore it must not be taken as a direct or indirect investing recommendations or advices. Entry Point, Initial Stop Loss and Targets depend on your personal and unique Trading Plan Tactics and Money Management rules, Any action taken upon these information is at your own risk.
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Bullish ideaThe index broke a bearish trend, bounced off it, and momentum is now leading towards the upside!
FR40 / FRANCE 40 Index Money Heist Plan on Bullish SideBonjour My Dear Robbers / Money Makers & Losers, 🤑 💰
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Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low
Stop Loss 🛑 : Recent Swing Low using 1H timeframe
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Whats Flowing: Crypto, European Stock Indices,Palladium Cryptocurrencies have been experiencing a period of volatility, driven by regulatory talks, technological advancements, and shifts in investor sentiment. Innovations such as DeFi (Decentralized Finance) and continued adoption of blockchain technologies in various sectors are key points of interest.
It's that simple. Nothing new.
European stock indices such as the DAX, FTSE, and CAC 40 have shown mixed responses to the current economic climate, marked by post-pandemic recovery challenges and inflationary pressures.
sellI have been waiting for this setup for a long time, everything is specified in the picture and do not pay attention to the rest of this text, I am only typing to get permission to publish.
Cac 40 (Euronext) may fall to 7465.00 - 7520.00Pivot
7610.00
Our preference
Short positions below 7610.00 with targets at 7520.00 & 7465.00 in extension.
Alternative scenario
Above 7610.00 look for further upside with 7661.00 & 7710.00 as targets.
Comment
The upward potential is likely to be limited by the resistance at 7610.00.
Supports and resistances
7710.00
7661.00
7610.00
7576.00 Last
7520.00
7465.00
7415.00
Number of asterisks represents the strength of support and resistance levels.
FR40EUR EXPECTACTIONSFR40EUR expected to have the bullish move as an outcome of HCOB fundamentals, which is worse for EUR this cause XXXEUR to have bullish strike including FR40EUR
I expect to take long at the near most liquidity engineering
FR40 SHORTFR40
SHORT
PLEASE DON’T BE GREEDY
ENTRY POINT : yellow point
TP : blue lines
SL :
below red line for LONG POSITION
above red Line for SHORT POSITION
INSTRUCTIONS:
FOR risk and money management:
5% of your wallet for LEV X ≤20
And
3% of your wallet for LEV X ≥ 20
PLEASE DON’T BE GREEDY
DO YOU WANT TO HAVE ACCURATE SIGNALS EVERY DAY?
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Paris Olympics OutcomeHere's a setup of the CAC40, France's top 40 stocks. I believe it is on a bullish ride as well as other indices. It has the best setup in my point of view.
DISCLAIMER NOTICE!
This is only my opinion and not a financial advice to set up a trade or invest. Trading or investing without knowledge is highly risky.
FRA40 Stabilizes at Key Support, Bullish Momentum BuildingHello Everyone,
The FRA40 recently reached a 6-month low at 7028.18, where it has found support. The 1-year, 1-week, and 1-day pivot points have also served as supports so far. While it has stabilized at this level, further support tests cannot be ruled out. Nevertheless, conditions are gradually aligning for a potential bullish movement!
TradeWithTheTrend3344
France 30 Stock Price & AnalysisWithin a 100K Account Balance the split on Trade & Risk Management = 1/10% - 1/20% margin as an Execution Range, to set up an Order Entry and select a per Trade on Average, to avoid any drawdown hit regarding to Stop Loss & to execute Risk on Management Specifics. Trail Stop efforts are a Focus of Attention to the set up in general when Volatile-Price-Action is involved, mainly because of the usage of an Intraday-Scalp-Position tool on behalf on the Trade Plan in general
Key indicators on Trade Set Up in general;
1. Push Set Up
2. Range Set Up
3. Break & Retest Set Up
Active Sessions on Relevant Range & Elemented Probabilities;
* Asian(Ranging) - London(Upwards) - NYC(Downwards)
* Weekend Crypto Session
Statistics
Market Capitalization (EUR)
Full 2,428
Free float 1,694
Annualized (%)
2 Year 12.37% 3.17
3 Years 4.75%
5 Years 6.19%
Since Base Date 31-12-1987 5.67%
Components (full) (EUR)
Average 60.6
Median 32.9
Largest 356.9
Smallest 5.9
Conclusion | Trade Plan Execution & Risk Management on Demand;
Anglo American PLC Stock Price & Analysis: Overall Consensus | Neutral
Predicting next pattern I expect this pattern on CAC40 in the next weeks.
Range :
: resistance level
: Major support level
F40 to Break 7000Yesterday was quite turbulent for all equity markets. In this market, the F40 , Buyers defended just above the 7000 level. Surely this is cheap and a great time to buy.
There is a significant area of Daily Support at 7070. It has on many occasions in the past.
Volume yesterday was Ultra High , reflecting the fight between the sell and buy side.
No real clear winner.
Look at today on very little volume, price again ebbs lower.
The real Demand area lies at 6800.
It is possible for the buy side to be consumed and present support to break , and expose
the Demand below. This is the near- term Target.
CAC40 setting Support to Continue Climbing Regardless of low earnings that have been reported this month investors’ sentiment on future rate cut is still high.
The index is retesting support level and have reached the 13% gap needed to start forming a reverse trend and becoming weeks.
This is strictly not a financial advice, but rather an idea. You should always make your own financial decisions before investing or taking any financial decision.
FRA 40 builds one of the most potent trading patternThe French Stock Market Index is currently trading sideways between 7457 and 7750, forming a rectangle pattern, a reliable chart pattern for traders. A break above the upper limit at 7750 suggests a potential price increase of about 3.73%, reaching 8042. This target is calculated by taking the difference between the rectangle's minimum and high points. Conversely, a break below the lower end of this range could see the index dip to 7159.
It's important to note that the overall market is in a bullish trend, with the January 2024 low around 7284 providing additional support. While a bearish break could drive the market lower, influenced by recent corrections in US stock market indices, the prevailing bullish bias means investors are generally inclined to buy rather than aggressively short on bearish breakouts, unless recession fears loom.
As always, do your own research and proceed with caution. This content is not directed to residents of the EU or UK.
Any opinions, news, research, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. ThinkMarkets will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.
FRA40 Short Setup: Key Levels Near 7732/49 on 4-Hour Chart
Monthly TF: Last month's ICMARKETS:F40 price action showed a strong bearish continuation bar, suggesting downward potential despite the overall bullish monthly trend. We're currently in a phase 2 pullback, which means short positions can be considered until the downside move concludes.
Weekly TF: The weekly chart presents a more complex picture, with over four weeks of bearish sideways ranging bars. There have been rejections from the bottom, hinting the monthly downward move might be nearing its end. However, the last two weeks' price action, despite being low tests, hasn't really achieved anything that might suggest or confirm the downward move has come to an end.
Daily TF: On the daily chart, FRA40 has been ranging for the past few weeks. By combining the monthly (down/pullback) and weekly (bearish sideways) biases, it seems prudent to take a short position from the top of the range towards the bottom.
For the 4-hour chart, we will enter a short position with a Sell Limit around 7732.64/7749.48 . We'll place our Stop Loss above 7760.00 to manage risk, and our Take Profit will be the range's low around 7498.00 .
High-Risk, High-Reward Setup for CAC 40 Ahead of French ElectionFear is spreading, and while uncertainty is problematic, the most likely scenario involves a hung French parliament leading to less aggressive fiscal spending, as the EU will likely step in and impose sanctions on France. Additionally, the market is already offloading French government bonds, and France could face the market's wrath, similar to the UK during Liz Truss's brief tenure.
If normality returns, then the CAC 40 should soar, provided it trades above the January low of 7279.
This content is not directed to residents of the EU or UK. Any opinions, news, research, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. ThinkMarkets will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.
Simple but efficient analysisWe are bellow (but near) 7700$ ; which is the 200 day EMA.
It is difficult to predict the direction at this price level as 2 scenarios are presented :
- If the market breaks this level with high volume , big green candle , and closes above it : positivity is imminent.
- Otherwsie : selling pressure will continue. If 7500$ broken , the negativity can be very harsh as the major support monthly level will be broken.
CAC40 : BEARISH DOUBLE TOP- The market has been trading inside a bullish channel from November 2023 to May 2024, taking prices 6750pts to 8260pts ; the long-term trend was then bullish.
- As we approach the end of the trading season (Sell in May and go away), the market, which was already trading at an all-time high, started to consolidate inside a lateral rectangle.
This configuration can be seen as the sign that investors were rebalancing their portfolios and assessing their risk exposure ahead of the summer season.
But quickly the situation turned sour when surprising results from far-right movements in EU parliament elections triggered political havoc in France where president Macron chose to dissolve the National Assembly.
This led to new legislative elections in France where voters had to choose their new MPs.
With such rising political uncertainty in the second Economy of the Eurozone, investors choose to significantly reduce their exposure to stocks, which led the CAC40 index into correction territory.
The reversal double top chart pattern has been validated and the market registered a new market bottom, the first one since November.
The DMI indicator shows a clearly bearish environment while both moving averages are in bearish configuration too.
More recently, the market has consolidated above the 50% Fibonacci level, in a technical price action.
- This is seen as a bearish configuration. The double top pattern is a trend reversal configuration where a 100% correction can generally be legitimately expected.
The results of the FR elections have led to a hung parliament, which isn't the worst outcome for investors, but also doesn't provide much more political visibility in the region.
And with the lack of good reasons to buy, fear trading will likely dominate for the next few weeks.
The next targets can be located around 7,330pts (61.8%), 7,075pts (78.6%) and even lower.
Pierre Veyret, Technical Analyst at ActivTrades
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