Trade Alert
This is a short-term idea.
Given that CAC 40 finally moved above the 4900 barrier and also above the 200 EMA, this may continue pushing a bit higher. For now, we will see this as short-term idea, where we will target the downside resistance line, which is running from the high of the 17th of October last year. We will also keep a tight stop-loss, in case this reverses heavily against us. That said, let's not forget that the index still remains above its short-term upside support line, drawn from the low of December 2018.
Please see the chart for details.
Don't forget your stop-loss.
This is a short-term idea.
Given that CAC 40 finally moved above the 4900 barrier and also above the 200 EMA, this may continue pushing a bit higher. For now, we will see this as short-term idea, where we will target the downside resistance line, which is running from the high of the 17th of October last year. We will also keep a tight stop-loss, in case this reverses heavily against us. That said, let's not forget that the index still remains above its short-term upside support line, drawn from the low of December 2018.
Please see the chart for details.
Don't forget your stop-loss.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.