Sumit Verma Profile picture
Trader. Analyst. Studying markets since 2008. Intermarket and Sentiment analysis. Trend follower. Exploring quants. Problem solver. Food lover. Movie buddy.

May 24, 2018, 6 tweets

Sometimes.... some charts.. are just so close to TEXTBOOK style patterns.

#FTSE100

Update on #FTSE100 chart.

Richard W. Schabacker in his Book "Technical Analysis and Stock Market Profits" calls this pattern an INVERTED TRIANGLE.

#FTSE100 is getting jittery near previous resistance levels.

Updated chart of #FTSE100. Taking resistance at the same place.

#FTSE100 - Lower High and Lower low confirmed on swing.

#Ftse100 breaks 50 SMA with a wide range bar and engulfing pattern

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