CAC 40 (France) Technical Analysis wave
Technical analysis overview
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job: The upward trend.
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situation: The rush.
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building: Gray wave 3.
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position: Orange wave 1.
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Next lower degree direction: Orange wave 2.
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The level of wave cancellation: 7,082.44.
Overview of the analysis
the CAC 40 (France) Elliott wave analysis to The daytime graph It indicates The upward trendWith the market currently in The phase of rush. the Wave structure It is identified Gray wave 3And it is part of a A greater escalating movement inside Orange wave 1. This indicates that the market is in Strong upward stageTypical from The structure of the impulsive wave. The next expected Lower -class He is Orange wave 2Which is likely to develop yet Gray Wave 3 has been completed.
The analysis highlights this It seems that Gray Wave 4 has been completedAnd the market is moving now Gray wave 5 of orange wave 1. This wave is expected to appear Strong upward momentumCreating with The impulsive nature of the direction. Merchants must monitor Gray wave development 5Since the completion is likely to indicate the beginning Orange wave 2, A Corrective It can be brought Temporary decline or monotheism Before resuming the direction.
The main level of watching it is The nullity level is to cancel the wave at 7,082.44. If the price is It is under this levelwill Revocation of the current wave, This indicates that a Restore the market structure required. This level is a Critical support areaA break below can indicate a file The reflection of the potential trend or the transformation of the wave structure.
conclusion
the CAC 40 Still in The upward trendwith Gray Wave 5 in playing currently After completing Gray wave 4. this The movement of rush It is part of Orange wave 1with The next expected stage is the orange wave 2. Merchants must watch closely Wave gray finish 5It will be provided Visions at the timing and direction of the next lower wave. to understand Wave structures Essential Expect potential market movements and Apply the trading strategies effectively.
CAC 40 (France) Technical Analysis wave
Technical analysis overview
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job: The upward trend.
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situation: The rush.
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building: Orange wave 1.
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position: Marine Blue Wave 3.
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Next lower degree direction: Orange wave 2.
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The level of wave cancellation: 7,082.44.
Overview of the analysis
the CAC 40 (France) Elliott wave analysis to The weekly graph It indicates The upward trendWith the market currently in The phase of rush. the Wave structure It is identified Orange wave 1And it is part of a A greater escalating movement inside Marine Blue Wave 3. This indicates that the market is in Strong upward stageTypical from The structure of the impulsive wave. The next expected Lower -class He is Orange wave 2Which is likely to develop yet The orange wave was completed.
The analysis highlights this It seems that the sea blue wave 2 is completeThe market is now progressing Orange wave 1 of 3. This wave is expected to appear Strong upward momentumCreating with The impulsive nature of the direction. Merchants must monitor Orange wave development 1Since the completion is likely to indicate the beginning Orange wave 2, A Corrective It can be brought Temporary decline or monotheism Before resuming the direction.
The decisive level of viewing is The nullity level is to cancel the wave at 7,082.44. If the price is It is under this levelwill Revocation of the current wave, It requires re -evaluation Market structure. This level is a The main support areaA break below can indicate a file The reflection of the potential trend or the transformation of the wave structure.
conclusion
the CAC 40 Still in The upward trendwith Orange Wave 1 is currently playing After completing Marine Blue Wave 2. this The movement of rush It is part of Sea Blue Wave 3with The next expected stage is the orange wave 2. Merchants must watch closely The completion of the orange wave 1It will be provided Visions at the timing and direction of the next lower wave. to understand Wave structures Essential Expect potential market movements and Apply the trading strategies effectively.
Technical analyst: Malik Awais.
CAC 40 (France) Technical Analysis wave [Video]
