Short

RIP FTSE

By HamedAghajani

Updated

Entered a short position on FTSE at 7570, with a tight stop. The first target is rising red line (shown on the weekly chart).

Please do your due diligence.

Hamed

Note

Since the inception of the idea, FTSE spent no time in following the path defined for the index. I would be looking at 7100 to take some profit. Stop have been moved to 7450, hence some profit is locked.

snapshot

Note

Bring the stops to entry.

snapshot

So far being supported by a cluster of moving averages ans trend-lines.

Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.