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A Triangle has formed, DASHEUR is approaching support. Can we expect a breakout and the start of a new trend or a reversal?

DASHEUR is moving towards a resistance line which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If DASHEUR continues in its current trajectory, we could see it reach 17.8875 within the next 6 hours.

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CAC 40 is signaling a possible trend reversal on the intraday charts with price not breaching support.

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