Hello Traders,
This graph shows the CAC40 on a daily timeframe.
The graph shows the convergence between actual downtrend resistance and EMA100. It shows also a level of resistance on the RSI indicator.
Impact points on resistances and EMA100 are shown by golden dots.
The CAC might go a bit higher but shall reverse downtrend
Do not hesitate to comment it is my first posting 😊
Regards,
This graph shows the CAC40 on a daily timeframe.
The graph shows the convergence between actual downtrend resistance and EMA100. It shows also a level of resistance on the RSI indicator.
Impact points on resistances and EMA100 are shown by golden dots.
The CAC might go a bit higher but shall reverse downtrend
Do not hesitate to comment it is my first posting 😊
Regards,
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