The technical figure Triangle can be found in the French company Carrefour SA (CA.pa) at daily chart. Carrefour is a French multinational retail corporation headquartered in Massy, France. The eighth-largest retailer in the world by revenue, it operates a chain of hypermarkets, groceries, and convenience stores, which as of January 2021, comprises its 12,225 stores in over 30 countries. The Triangle has broken through the resistance line on 10/11/2021, if the price holds above this level you can have a possible bullish price movement with a forecast for the next 18 days towards 17.450 EUR. Your stop loss order according to experts should be placed at 14.915 EUR if you decide to enter this position.
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Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.