If the UK Index is indeed printing a head and shoulders, shorting from here could prove to be an extremely profitable move. So much so, that I consider the profit/risk ratio to be acceptable for even the risk averse trader out there.
The MACD seems to indicate a reversal as well.
Good luck out there and stay safe.
The MACD seems to indicate a reversal as well.
Good luck out there and stay safe.
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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.