Ascending triangle formed on Daily CAC index.
The price has broken out of its downtrend since Aug 2022 showing it's in a bull market.
Also price has broken above the Ascending Triangle with a target of 6,539
CONCERNS:
Price is still below the 200MA which denotes a long term bear market.
Nevertheless, I'm bullish.
Regards
MATI Trader
The price has broken out of its downtrend since Aug 2022 showing it's in a bull market.
Also price has broken above the Ascending Triangle with a target of 6,539
CONCERNS:
Price is still below the 200MA which denotes a long term bear market.
Nevertheless, I'm bullish.
Regards
MATI Trader
✅ Facebook:
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
✅ Facebook:
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.