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- uk100 4h time frame chart
uk100 4h time frame chart
Uk100 has been following a downside trend which we can see on 4-hour time frame chart, however, the price is in a crucial zone to decide the next movement.
As we can see, this last 4hour candle tried to break the downside trend but without success.
On the other hand, we have a relatively important level of support which the price has shown some difficulties in breaking down.
Therefore, we can expect a bearish movement once this support level is broken.
But if the price continues to reject the support level, it is also expected to see a slight correction of previous bearish movement.
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