UK100 has broken through the support line of a Rising Wedge. It has touched this line at least twice in the last 36 days. This breakout indicates a potential move to 7052.8531 within the next 7 days. Because we have seen it retrace from this positions in the past, one should wait for confirmation of the breakout before trading.
UK100 has broken through support of a Rising Wedge. It has touched this line at least twice in the last 36 days.
