The FTSE 100 has made a break to the downside today of a long- standing Rectangular Consolidation (40 bars).
If the break holds, then we have a Bearish Continuation, and the gleaming target is the 200MAV below at 7935.
If the break holds, then we have a Bearish Continuation, and the gleaming target is the 200MAV below at 7935.
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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.