Signal UK100 Sell — H4 - June 29, 2026 20:24 GMT-4
The FTSE 100 (UK100) on H4 timeframe shows a bearish reversal setup following a prolonged bullish consolidation. The recent high at 10524.55 (1782316800) was marked by elevated volume (13176), suggesting strong resistance. Subsequent candles have seen price retreating below this level, with closes at 10484.36, 10463.15, and 10445.65, indicating losing momentum. The 4-hour chart reveals a descending pattern with key support levels at 10450 and 10430, which have been repeatedly tested but not convincingly held. The latest candle (1782374400) closed near the low of 10506.15, reinforcing the breakdown below the prior high. Given the sustained decline and failed attempts to…