Signal UK100 Sell — H4 - June 21, 2026 04:09 GMT-4
The FTSE 100 (UK100) on H4 timeframe shows a clear downtrend with key support levels at 10311.85 and 10290.45, breached in recent candles. The price formed a bearish reversal pattern after consolidating near the 10383.15 high, with the close at 10381.15 signaling a failed attempt to hold above the prior resistance. Volume spikes during the decline (e.g., 1781222400 with 5018) confirm strong selling pressure, while lower volumes in subsequent candles suggest waning momentum. The current setup indicates a potential continuation of the downtrend toward the 10127.34 target, as price remains below the 10383.15 pivot, which acts as a key resistance.…