UK 100
Short

UK300GBP

There is a head and shoulder pattern likely to form. I am waiting for the price to break out at the support zone, then retest it so that we can have a go ahead to place our position.

I anticipate that the price might continue with the bearish momentum.

My intended entry point is 7600, SL at 7630 and TP at 7500, thus R:R is 1:3.

Chart PatternsTechnical IndicatorsTrend AnalysisUK100 CFDuk100analysisUK 100uk100gbp_setupuk100_selluk100_setupuk100shortukforexsignals

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