FTSE 100
Bearish Closed

A Price Action Rising Wedge pattern formation on the 4 Hour time frame chart supports FTSE 100 Bearish bias. A break of 7091.00 will support the fall towards the target of 6945.35 the break of 6945.35 would push the price to 6848.25.

SUPPORT AND RESISTANCE LEVELS
  • Pivot Point 7964.43
  • Support S1: 7962.76, S2: 7961.63 , S3: 7959.96
  • Resistance R1: 7965.56 , R2: 7967.23 , R3: 7968.36