Entering a short position in the FTSE 100 at these levels seems like a good risk vs reward trade at what currently appears to be a long term Multidiagonal top.
This also aligns with bullish Multidiagonal patterns in gold, corroborating the reasons to be short around this 7100-7150 level.
This also aligns with bullish Multidiagonal patterns in gold, corroborating the reasons to be short around this 7100-7150 level.
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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.