Le_Chiffre_

Short CAC40 Risk Reward 1 for 7

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FX:FRA40   CAC 40指數
Hi guys, if you plan to short the stock market, the French Index is the one as it is underperforming in comparaison to its peers( (due to a massive exposure to Oil companies). Last week, the Index failed on the 4300 level. My idea is to enter short at 4280 with a 50 points stop Loss. The first target is the last low at 3930 ( risk reward 1 for 7) and the second target is 3800. The last low before last ( Risk Reward 1 for 9.6). I Hope to be filled Monday morning

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