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FTSE: Sell pattern on a break below 6097

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 3, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Momentum: MACD: Positive RSI: Neutral Stochastic: Buy Signal, moving into overbought territory Daily Price Action Trend: Neutral Last relevant high: 6,194.0 Last relevant low: 5,845.5 Comment: The FTSE finished flat yesterday, which leaves us little to comment on! But for those who follow candlestick patterns depending what happens tomorrow we could have a sell pattern. This will be completed if: 6,097.8 is broken without 6,194.0 being bettered. Clearly with US non-farms at 13:30 London time

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