Cabana Capitals Blog Technical Analysis FTSE 100 – Continuation Chart Pattern – Triangle

FTSE 100 – Continuation Chart Pattern – Triangle

FTSE 100 – Continuation Chart Pattern – Triangle post thumbnail image

Emerging Triangle detected on FTSE 100 – the pattern is an emerging one and has not yet broken through resistance, but the price is expected to move up over the next few hours. The price at the time the pattern was found was 8272.8 and it is expected to move to 8222.9802.

Target: 8222.9802 Entry: 8272.8 Stop: 8329

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