• Harmonic pattern formed- Bullish Bat pattern
   
• Potential Reversal Zone - 6646
   
• The index declined sharply after making temporary top around 7130. FTSE100 breaks below 6800 major psychological support and declined till 6750 at the time of writing.
   
• FTSE100 is expected to take support at 6700 (88.6% retracement of 6646 and 7130) and slight recovery is possible till 6925 from that level.
   
• On the lower side, break below 6645 confirms major trend reversal decline till 6431 (Jul 6th 2016 low) is possible
   
• The index minor support is around 6800 (5- 4H MA) and any break above targets 6857 (10- 4H MA)/6925.
  
  It is good to buy on dips around 6700 with SL around 6640 for the TP of 6855/6925