Friday 11 January 2019

FTSE100: Rally nearing key cloud chart resistance at 7016 zone!

FTSE100: Rally nearing key cloud chart resistance at 7016/7060 resistance zone.

Bottom of the cloud is a major resistance zone in this overall bear market downtrend.
Need to see price action breakout past cloud chart resistance!
Cloud chart resistance zone is a potential short selling zone for the FTSE100.





Watching the resistance levels at 6993/7016 for potential reversal of the 60min trend.






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