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 7517.00 will support the fall towards the target of 7412.15 the break of 7412.15 would push the price to 7342.25.

SUPPORT AND RESISTANCE LEVELS
  • Pivot Point 8313.56
  • Support S1: 8309.33, S2: 8307.06 , S3: 8302.83
  • Resistance R1: 8315.83 , R2: 8320.06 , R3: 8322.33