CAC 40 H1: The Price Action Forecast for the American Session on 29.4.2026

During the previous trading session, the price of CAC 40 decreased, moving in the main trend direction on the higher time-frame.
The support and resistance levels:
The support level is near the 8035.74 mark.
This level was formed by the Three Outside Bars Up pattern. The pattern consists of three Japanese candlesticks: the first candlestick has a short black real body, the second candlestick has a long white real body and completely engulfs the first candlestick, and the third candlestick is also white, closing above the second candlestick.
The resistance level is near the 8214.17 mark.
The Deliberation pattern occurs extremely rare on the chart. Its appearance indicates a price movement reversal downwards.
Trading recommendations:
Despite the downward dynamics prevail on a higher time-frame, the long position should be prioritized intraday. The latest signal on the chart indicates the prevalence of the upward movement intraday.