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 7324.80 will support the fall towards the target of 7271.40 the break of 7271.40 would push the price to 7235.80.

SUPPORT AND RESISTANCE LEVELS
  • Pivot Point 8203.63
  • Support S1: 8203.26, S2: 8202.53 , S3: 8202.16
  • Resistance R1: 8204.36 , R2: 8204.73 , R3: 8205.46