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UK 100 Index
Short

Short FTSE100 - Hammer forming?

By michaelxowen
Updated
It looks like a hammer could be forming in the FTSE100 today. I am short here and adding until the 50dMA at 6165 area. Looking for a pull back to 6050. Good luck!
Note
I am taking profit at 6078 as we approach a resistance level of a few sessions. Entry was 6140, 6150 and largest position at 6160 as per the above. I was short 30 at an average of 6155. Profit of 77*30 = £2,310. Good days trading.
HammerhammercandlehammercandlestickTechnical Indicators
michaelxowen

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