Looking at a short on the UK100 weekly. We have an outside bar towards the top of the Bollinger bands. Not quite as high as id like but still worth a trade. We could see a pull back to 7500 before we see more downside.
I'll be risking 1.5% due to the fact it doesn't hit all my trading criteria.
Entry at 7470
Stop at 7600
TP1 7200
TP2 7000
I'll be risking 1.5% due to the fact it doesn't hit all my trading criteria.
Entry at 7470
Stop at 7600
TP1 7200
TP2 7000
Trade active
Trade activeTrade active
TP1 hit at 7200
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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.