CAC 40 France Index

We identified In the “Fxcma telegram channel”, the end of the correctional wave4 that the price began to continue its trend after its collision.

From the structural point of view, with high probability, we are on the wave3 of 5 bullish, which, due to the break the top point of the wave3 and the start of the correction, we can have a long position in appropriate points.

The two clusters at the end of this uptrend (Wave 5) are shown by the red lines, so you can place your price targets of long position there.