FX:UK100   FTSE 100 Index
89 0 0
UK100             , double top forming, waiting for it to drop back below neck line, to enter this short.

UK100             on the monthly chart, has had 2 significant highs which quite a violent bearish move occurred after , one in 1999/2007/? - I believe the next one could be now, as you can see on the monthly price has hit its peak and not violently gone bearish but shows clear sign of sellers taking over the buyers.

Now with the thought in mind that quite a large bearish move could occur, if you go onto the 1 hour chart you can see a double top forming, just waiting for neckline to be broke, target 1 being 6325, and as you can see this/around this level has been used as support and resistance in the past.

- Sar            
- Double top
- Reversal monthly area
- MA
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
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