FTSE 100
Bearish Closed

A Price Action Descending Triangle pattern formation on the 5 Min time frame chart supports FTSE 100 Bearish bias. A break of 8203.60 will support the fall towards the target of 8196.55 the break of 8196.55 would push the price to 8191.85.

SUPPORT AND RESISTANCE LEVELS
  • Pivot Point 8265.26
  • Support S1: 8264.23, S2: 8262.66 , S3: 8261.63
  • Resistance R1: 8266.83 , R2: 8267.86 , R3: 8269.43