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Signal_Centre
18 cze 2019 11:37

FTSE Outlook is increasingly bullish - Video analysis Long

FTSE 100 index of UK listed sharesFXCM

Opis

FTSE 100
TVC:UKX
FX:UK100
OANDA:UK100GBP

Weekly - Expanding wedge, bullish outside week posted.
Daily - Invalidated the head and shoulders setup that threatened to send the market lower.
4H - Bullish flag pattern completed with a measured move target at 7708. Potential inverse head and shoulders forming also.

Outlook is bullish - We will be looking to buy dips with an ultimate target of 7708.

Worth noting potential overhead resistance at the 78.6% Fibonacci level at 7433 and the previous highs at 7529.

Good luck!
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