CURRENCYCOM:UK100   FTSE 100 Index
Price is bullish at 5994 but it is not clear for a HL for 6123, or for a LH for 6050.

But a candle movement at 5994, suggests a HL for a bullish trend and this will need to be confirmed, -and if price is bullish, then it will possibly turn bearish for the 5770 area. Sure.


The 6248 resistance with -(fx), appear to make this as a rally of a BC leg for a strong bearish pullback; so although bullish, -bearish interests 4 hourly.

Take care, bye bye
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.