FTSE - short term - watch the triangle

The FTSE is an interesting market to watch in terms of technical analysis, especially with the BREXIT "news"

Lots of news  - BUT "news doesn't matter"
 One of the principles of technical analysis whether its normal bar charts or candlesticks is:
"The “what” (price action) is more important than the “why” (news, earnings, and so on)."

Short term the FTSE is forming a symmetrical triangle
This is usually a CONTINUATION pattern i.e. when it completes the preceding trend will re-assert itself  - in this case DOWN
A break above the top boundary will signal that the trend may be changing 

 Caveat:  beware of false break outs both sides; they should happen on increasing volume and usually better to wait for a confirmation with the next bar/candlestick of price action to avoid whip-saw.