Key Resistance: 6733 – 6760
The FTSE has been in an up move for the past 3 weeks rallying 5.40% from low to highs. From the highs of last week it has fallen -2.46% from high to low rejecting several times the 6660 level in the process.
This down move has been very structured in the sense that price has dipped inside of a falling wedge; a very strong continuation pattern when it ends in a strong level(like in this case) and it breaks after the 5th wave inside (like in this case). Heavy bullish divergence is detected here.
We really need to pay attention to the weekly pivot since it aligns perfectly with a big key level
- Broker
- Min Deposit
- Score
- Visit Broker
- Award-winning Cryptocurrency trading platform
- $100 minimum deposit,
- FCA & Cysec regulated
- 20% welcome bonus of upto $10,000
- Minimum deposit $100
- Verify your account before the bonus is credited
- Over 100 different financial products
- Invest from as little as $10
- Same-day withdrawal is possible
- Fund Moneta Markets account with a minimum of $250
- Opt in using the form to claim your 50% deposit bonus
Learn to Trade
Never Miss A Trade Again
Signal Notification
Real-time signal notifications whenever a signal is opened, closes or Updated
Get Alerts
Immediate alerts to your email and mobile phone.
Entry Price Levels
Entry price level for every signal Just choose one of our Top Brokers in the list above to get all this free.