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 7875.70 will support the fall towards the target of 7781.50 the break of 7781.50 would push the price to 7718.70.

SUPPORT AND RESISTANCE LEVELS
  • Pivot Point 8147.83
  • Support S1: 8145.56, S2: 8143.53 , S3: 8141.26
  • Resistance R1: 8149.86 , R2: 8152.13 , R3: 8154.16