UK 100Short
FTSE 100 Selling rallies towards 6200+ as the name of the game ?
Hi,
the setup looks like easy one but it is not!
Why ? Very simple answer.... end of the quarter is coming so we do know fireworks are possible ( so low exposure here )
Rising trendline been broken
Retest rejected
Equal moves = 5800
selling rallies towards 6200+
Stop: daily close above 6330
Target 5800
Good Luck
the setup looks like easy one but it is not!
Why ? Very simple answer.... end of the quarter is coming so we do know fireworks are possible ( so low exposure here )
Rising trendline been broken
Retest rejected
Equal moves = 5800
selling rallies towards 6200+
Stop: daily close above 6330
Target 5800
Good Luck
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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.