nakedchartist

CAC 40 h1 bull flag for resumption of 5 weeks uptrend

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FX:FRA40   Índice CAC 40
Just playing simple and following the 5 weeks uptrend. Week to week price registers a higher low.
For past 2 weeks , price consolidating within a channel , like a bull flag.
Happen to have a d1 line chart support at 4425. Day close below 4395 will raise the alarm for me. There may be spikes here n there so I do not wish to get stopped out in this manner.
There is h1 macd divergence which are the usual staples in my h1 setups.
Looking to hold this trade n looking for TP at various levels.

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