CAC 40 H1: The Price Action Forecast for the American Session on 5.1.2026

During the previous trading session, the positive dynamics of the CAC 40 movement were seen. On a longer time-frame, the upward price movement vector also prevails.
The support and resistance levels:
The support level is near the 8085.38 mark.
This level was formed by the Bullish Harami Cross pattern. This pattern is presented with the combination of two Japanese candles: the first one is the candle with a long real body and the second one, the doji, is located inside the body of the first candle.
The resistance level is near the 8259.31 mark.
The pattern formed here is Three Outside Bars Down. This pattern is a combination of three Japanese candlesticks. The first candlestick has a short white real body, the second candlestick has a long black real body and completely engulfs the first candlestick, and the third candlestick is also black, closing below the second candlestick.
Trading recommendations:
The latest signal prioritizes short positions intraday.