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 8153.40 will support the fall towards the target of 8071.50 the break of 8071.50 would push the price to 8016.90.

SUPPORT AND RESISTANCE LEVELS
  • Pivot Point 8166.76
  • Support S1: 8161.33, S2: 8157.46 , S3: 8152.03
  • Resistance R1: 8170.63 , R2: 8176.06 , R3: 8179.93