Uk100shoty
(Monthly) Sinking FTSE @ StructureFX:UK100
Based on Crossed MA's and Structure.
Broken trend, tested, sinking.
Targets at fib levels, jump out at oversold territory.
Safe Trades;
UK100 Short opportunity for 4 day hold or quick in and out!as you can see the support and resistance here is very very strong, however do not overlook that it may be time for it to break out as we also saw a very rapid increase last time it hit support compared to before, so would be a good idea to maybe wait a day to see what it ends up doing and if it does follow the a pattern quite a lot of pips can be picked up here
