Selling FTSE at the all time high of 8690The FTSE has reached a critical level and looks ready to come down.
1) There is a double top on D1 with Divergence
2) There is a huge pattern to sell for the 2nd time and target 8260 area
3) There is a smaller pattern to sell as well with a smaller stop loss.
We will take this trade with a smaller stop loss and the big target. This will be a long term trade that may take time to materialize but we will actively monitor it for profits.