FTSE 100: ⬆️ Buy
– FTSE 100 reversed from support zone
– Likely to rise to resistance level 10950.00
FTSE 100 Index recently reversed from the support zone between the support level 10750.00 (former resistance from April and July), lower daily Bollinger Band and the 38.2% Fibonacci correction of the upward impulse from July.
The upward reversal from this support zone started the active minor impulse wave v.
Given the clear daily uptrend, FTSE 100 Index can be expected to rise further to the next resistance level 10950.00 – which has been reversing the price from February.
, lower daily Bollinger Band and the 38.2% Fibonacci correction of the upward impulse from July.){kind=link}