Testing weekly harmonic pattern - Is it heading to 6000?
Even before yesterday's results, the French CAC40 provided a bullish long term signal when it broke above a monthly downtrend line.
The CAC40 is testing the X point of a bearish Bat pattern (similar to what we see in German DAX) and if it'll break and close above it, it can continue all the way up to 6000 to test a bigger PRZ.
The CAC40 is testing the X point of a bearish Bat pattern (similar to what we see in German DAX) and if it'll break and close above it, it can continue all the way up to 6000 to test a bigger PRZ.
