Cabana Capitals Blog Technical Analysis Possibility of big movement expected on FTSE 100

Possibility of big movement expected on FTSE 100

Possibility of big movement expected on FTSE 100 post thumbnail image

Triangle pattern identified on FTSE 100 has broken through a resistance level with the price momentum continuing to move in an upward direction. A solid trading opportunity continues with the price expected to reach 8351.9703 in the next 3.

Supported by Upward sloping Moving Average

Target: 8351.9703 Entry: 8260.0033 Stop: 8130.7

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