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 7335.50 will support the fall towards the target of 7139.60 the break of 7139.60 would push the price to 7009.00.

SUPPORT AND RESISTANCE LEVELS
  • Pivot Point 7827.86
  • Support S1: 7824.63, S2: 7822.46 , S3: 7819.23
  • Resistance R1: 7830.03 , R2: 7833.26 , R3: 7835.43