FTSE 100
Bearish Closed

A Price Action Descending Triangle pattern formation on the 4 Hour time frame chart supports FTSE 100 Bearish bias. A break of 7494.20 will support the fall towards the target of 7409.00 the break of 7409.00 would push the price to 7352.20.

SUPPORT AND RESISTANCE LEVELS
  • Pivot Point 8116.63
  • Support S1: 8112.56, S2: 8108.03 , S3: 8103.96
  • Resistance R1: 8121.16 , R2: 8125.23 , R3: 8129.76