FX:FRA40   Indice CAC 40
3
in this timeframe, we can see that wave 4 of wave V was a pullback on the 61.8% fibonacci retracement of previous wave C (for me it's a sign of continuation). furthermore, around 4740 points, there's a fibonacci cluster (100% & 161.8%) just perfect & certainly significative i think. moreover it seems that higher bollinger band (in strategic timeframe) will be near of this fibonacci cluster when (if...) price go till this target.
hidden divergence & trend line on momentum indicators (short RSI & Stochastique) are confirming my point of view

PS / sorry for my poor english, i'm a french guy. I will try to improve it

Ideas relacionadas

Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.