FxWirePro
Short

FTSE100 : Sell below breakout

FX:UK100   FTSE 100 index of UK listed shares
110 1 2
Major support – 6100

Minor resistance – 6160 (trend line joining 6218 and 6195)

The index is consolidating in narrow range between 6218 and 6100 for the past five trading session. It is currently trading around 6135.

Any break below 6100 confirms minor weakness, decline till 6040/6000 is possible.

On the higher side minor resistance is around 6160 and break above targets 6220/6325 in short term.

Overall bearish invalidation only below 5840.

It is good to sell below 6100 with SL around 6150 for the TP of 6035/6000
SamiKetonen
9 months ago
Sl hit
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