A clear bullish flag pattern spotted on the 4H time frame. The trade will be confirmed by a retest on the previous area of demand or a breakout and retest on the flag then a full blast to the upside.
In the next coming months the CAC will be on a Bearish trend based on my demand and supply analysis.
Fundamentally all equities markets are Bearish since most major central banks( I.e FED, BOE, ECB, etc) are hiking fund rates and reducing their banks balance sheets to curb the high inflation on their economies.
