FxWirePro
Short

FTSE100 breaks minor trend line support, targets 6040/6000

FX:UK100   The FTSE 100 Index
173 2 5
Major resistance - 6200

Minor support - 6160 ( trend line joining 6112 and 6120)

The index has retreated after making a high of 6198 and is currently trading around 6130.

Short term trend is till weak as long as resistance 6200 holds.

On the lower side major support is around 6100 and any break below targets 6040/6000/5985.

The minor resistance is around 6175 and break above will take the pair till 6200/6220

It is good to sell on rallies around 6140-6145 with SL around 6200 for the TP of 6040/6000
Really good analysis.
Reply
Another excellent analysis
Reply
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体
台灣
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out