Price is rejecting the top TL of the wedge pattern that's forming on the FTSE100 index.
FTSE being propped up by a weak pound and brexit. If some progress is made and GBP gains some strength again then FTSE should begin to drop.
FTSE being propped up by a weak pound and brexit. If some progress is made and GBP gains some strength again then FTSE should begin to drop.
Trade active
Note
Nice bearish momentum. Positions moved to risk free nowTrade closed: target reached
Profit target smashed. Closed out for 14:1 R:R
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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.