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 7372.90 will support the fall towards the target of 7229.80 the break of 7229.80 would push the price to 7134.40.

SUPPORT AND RESISTANCE LEVELS
  • Pivot Point 7824.06
  • Support S1: 7818.03, S2: 7809.66 , S3: 7803.63
  • Resistance R1: 7832.43 , R2: 7838.46 , R3: 7846.83