Trade Alert
CAC40 is ver close to key support area at around 5200. In order to examine lower areas in the short run, we would like to see a break below the 5200 before we get comfortable with the downside.
That said, don't forget that the index is still within a rising channel formation, seen on a bigger picture, hence why the potential downside move could be seen as a correction.
If the price travels back above the 5240 level, this is when we target slightly higher levels again.
Please see the chart for details.
Always have your stop-loss in place.
CAC40 is ver close to key support area at around 5200. In order to examine lower areas in the short run, we would like to see a break below the 5200 before we get comfortable with the downside.
That said, don't forget that the index is still within a rising channel formation, seen on a bigger picture, hence why the potential downside move could be seen as a correction.
If the price travels back above the 5240 level, this is when we target slightly higher levels again.
Please see the chart for details.
Always have your stop-loss in place.
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Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.
Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.