FxWirePro
Short

FTSE100: Sell below breakout

FX:UK100   FTSE 100 index of UK listed shares
96 0 5
Major intraday resistance – 6080 (hourly Kijun-Sen)

Major support – 6000 (Mar 10th 2016 low)

The index has broken minor support of 6048 (May 19th low) and declined till 6015 at the time of writing.

Any violation below major support will drag the index down till 5875 (161.8% retracement of 6048 and 6323)/5845 (Feb 24th low).

On the higher side resistance is around 6080 and any indicative break above targets 6140/6200.

Overall bearish invalidation only above 6435 (Apr 21st high).

It is good to sell below 6000 with SL around 6080 for the TP of 4875/4845
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out