CAC40 is breaking below 6230
A break below 6230 triggers a heavy H&S formation breakout which could lead the instrument lower to 4000. We are seeing a consolidation after the breakout and a retest which should be used for the short trade entries as the pair is forming a bearish pennant and is testing the downside trendlines.
Note: look for the short trade entries with the stop loss above 6200
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