I am looking at a potential bullish set up for the FTSE100.
Technically there is a nice key price level at this zone around 6000. The lower 1hr timeframe shows price bouncing off an intraday support level and if the upper bearish trendline is broken then we could see some movement to the upside.
There is also a lot of fiscal stimulus coming from the UK government budget and preparations for corona virus to be controlled.
Technically there is a nice key price level at this zone around 6000. The lower 1hr timeframe shows price bouncing off an intraday support level and if the upper bearish trendline is broken then we could see some movement to the upside.
There is also a lot of fiscal stimulus coming from the UK government budget and preparations for corona virus to be controlled.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.