UK100GBP Bearish Divergency / Resistance Zone,DOJI candle SHORTHi Investors and traders,
This idea is based on a support/resistance zone with technical indicators such as RSI see bearish divergency formed and 1D Doji candle .
In addition with unemployment data being published and overall look of the oversold market and signs of recession I am opening a short position, please do not take it as a trading advise it's just my idea :) The s/l above the red zone and t/p at support as shown, 2.8 profit ratio!