Signal UK100 Sell — M15 - June 24, 2026 02:35 GMT-4
On the M15 timeframe for UK100, the recent price action reveals a clear bearish setup. The pair has been consolidating near key resistance levels, with the close at 10437.05 marking a critical support zone. The prior candle (1782180900) closed at 10437.05, followed by a sharp decline to 10408.05, indicating weakening bullish momentum. Volume spikes during the retracement suggest strong selling pressure, validating the bearish reversal. The current price is testing the high of the prior consolidation range (10444.65), which failed to hold, creating a bearish engulfing pattern. This breakdown below the support level confirms the downtrend's strength, aligning with the…