A Price Action Descending Triangle pattern formation on the 1 Hour time frame chart supports FTSE 100 Bearish bias. A break of 7114.00 will support the fall towards the target of 7002.70 the break of 7002.70 would push the price to 6928.50.
SUPPORT AND RESISTANCE LEVELS
- Pivot Point 7606.7
- Support S1: 7604.4, S2: 7602.3 , S3: 760
- Resistance R1: 7608.8 , R2: 7611.1 , R3: 7613.2
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