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 7847.60 will support the fall towards the target of 7728.20 the break of 7728.20 would push the price to 7648.60.

SUPPORT AND RESISTANCE LEVELS
  • Pivot Point 8230.63
  • Support S1: 8226.66, S2: 8222.43 , S3: 8218.46
  • Resistance R1: 8234.86 , R2: 8238.83 , R3: 8243.06