Hello Price Action Traders.
Cac 40 Index – Cfd
All the best-known and liquid stock indices have some trading setup that direct towards a possible “BIG SHORT” in the near future. These include the French Cac 40 Index, the french stock basket that today shows a very simple trading signal on the daily chart and very profitable if used correctly. Pin Bar with false break of resistance levels, Kiss the 21 moving average that acts as a “dynamic” level to say “GoodBye” in “Dave Landry Style”. Nice price swing and a clear down trend in place … I would say excellent short if price will break the low made Thursday.
It’s all for today!
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