FTSE broken out of downside target 7.890 for VANTAGE:FTSE100 by Timonrosso

trendanalysis chartpattern fundamental ftse100 ftse100long ftse uk100 uk100gbp

Reverse Cup and Handle has formed on the FTSE100
7 >21 >200 - Bullish
Target 7,890
Also we have the medium term downtrend broken up for the first time and so bullish momentum is kicking in.

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Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)

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