UPDATE: France fakeout - makes the analysis less attractiveFrance 40TRADENATIONSB:F40Timonrosso4th of July - we had FIREWORKS. With a beautiful breakout above the neckline. But it was short lived. And lead to a short fuse. Because since then it went right back into the range, close to the stop loss and now it's moving sideways into a CHOP. So, the analysis applies still but looks shakey. W Formation Price>20 and 200MA Target 8,673 Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.