FTSE 100 IndexUpdated FTSE Losing Steam (Next Moves)
Previous long zones have presented themselves repeatedly around the current area, and lower highs have brought a continuous return to these areas.
This is because the long side bias that existed for so long around UK Stocks has started to fade.
Buying, therefore, comes with caution. Would not be shocked if you get lower nearer 8060.
Only RE-shorting on pushes back up to continue lower high structure.
This is because the long side bias that existed for so long around UK Stocks has started to fade.
Buying, therefore, comes with caution. Would not be shocked if you get lower nearer 8060.
Only RE-shorting on pushes back up to continue lower high structure.
Note
Holding off new short entries. Awaiting inline downtrend entries.
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Free Pro Multi Asset Trading Guide:
bit.ly/learnttm
Free Discord Secret Server:
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Posts Not financial advice.
bit.ly/learnttm
Free Discord Secret Server:
discord.gg/tXAcxFVCJU
Posts Not financial advice.
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.