Selling FTSE at the all time high of 8690
The FTSE has reached a critical level and looks ready to come down.
1) There is a double top on D1 with Divergence
2) There is a huge pattern to sell for the 2nd time and target 8260 area
3) There is a smaller pattern to sell as well with a smaller stop loss.
We will take this trade with a smaller stop loss and the big target. This will be a long term trade that may take time to materialize but we will actively monitor it for profits.
1) There is a double top on D1 with Divergence
2) There is a huge pattern to sell for the 2nd time and target 8260 area
3) There is a smaller pattern to sell as well with a smaller stop loss.
We will take this trade with a smaller stop loss and the big target. This will be a long term trade that may take time to materialize but we will actively monitor it for profits.
Trade active
We are still waiting for the trigger to get into this trade.Order cancelled
We didnt take this trade as it didnt create the initial sell off. Will continue to monitor it. 
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Related publications
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.