FUK 100, Daily
Long
UK100 Long
#WaveAnalysis #UK100
FTSE100 reversed from key support level 7300.00
Likely to rise to resistance level 7550.00
FTSE100 index recently reversed up sharply after the index failed to break below the key support level 7300.00, which has been reversing the price from last November.
The upward reversal from the support level 7300.00 stopped the intermediate downward impulse (C)-wave from June.
FTSE100 index can be expected to rise further toward the next resistance level 7550.00 (previous minor reversal high from the end of last month).
FTSE100 reversed from key support level 7300.00
Likely to rise to resistance level 7550.00
FTSE100 index recently reversed up sharply after the index failed to break below the key support level 7300.00, which has been reversing the price from last November.
The upward reversal from the support level 7300.00 stopped the intermediate downward impulse (C)-wave from June.
FTSE100 index can be expected to rise further toward the next resistance level 7550.00 (previous minor reversal high from the end of last month).
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.