(+100, +50) week28 CAC40 D1 hammer X 2 long

Classic play on Resistance turn Support from 2014.

First longed on market gap open on monday. took quick profit.

2nd long was buy limit from 2014 high. Classic play and immediate profit on Gap up. However I did not hold on to more profits as the gap did not cover as anticipated.

week28 CAC40 D1 hammer 080715

w1

Eventually, this would still be a bull trend on this strong week close. However I shall now wait for a good time to get long again. Current price is slightly high and I seek to get in when price is a low again.

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