Short

UK100GBP SHORT

Updated

UK100GBP is at a key resistance level, as well as being at the peak of a bear flag on pivot 5, RSI 2 & MFI 7 showing massively over-brought, I think there's only one way from here, down. expecting 65.98 eventually, but you can pencil in 71.50 as TP1.

good luck, see you at the bottom.

Note

Well it hasn't dropped as quick as I would have liked, however the TP1 at 71.50 was hit quickly and gave a nice little 96pip run.

Note

Typo---- originally expecting 69.58 apposed to what I wrote as 65.98, only just noticed that.

wol3003

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