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mshamjad
30 sty 2017 11:02

$FTSE100 Getting ready to be shorted on Monthly Chart Short

FTSE 100 index of UK listed sharesFXCM

Opis

Looking at the monthly chart on FTSE100 we are now sitting on previous all time high . Failing to continue its uptrend .

I will wait to see where the monthly candle finishes. If it finishes below 7130 , I think there's a very good case of shorting this.

Stop loss can be above the monthly candle at 7350, fist target 6900 , if that breaks then 6500 .
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