FxWirePro
Long

FTSE100: Buy above breakout

FX:UK100   FTSE 100 index of UK listed shares
124 1 5
Major Intraday resistance – 5962 (trend line joining 6066 and 6024)

Major support – 5840 (trend line joining 5494 and 5517)

The index has recovered after making a low of 5843. It has closed at 5949. Short term trend is still bullish as long as support 5840 holds.

On the lower side minor support is around 5915 and break below targets 5865/5840.

Any break above 5962 will take the index to next level 6025/6066.

It is good to buy above 5962 with SL around 5915 for the TP of 6025/6066
FtseSignals
9 months ago
As always, great analysis! Thanks
Reply
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