Short FTSE

Aktualisiert
My simple short idea, divergance on few time frames. We are overbought, no reason for more upside for me.
Take care
Trade ist aktiv
Reversal arent't easy play it smart.
Anmerkung
Snapshot
another postion added
Anmerkung
stop loss modified to 1,5 percent
Anmerkung
Let's see if yellow and red resistance hold, don't know if we see the top but it's probably. On daily we are RSI is about 70, MFI 80 so we overbought. Let's see.
Snapshot
Trade ist aktiv
Snapshot
just be patient
Anmerkung
Snapshot
we have to take lower low to confirm reversal
Trade ist aktiv
Snapshot
There we go.
Anmerkung
My educated guess is we're going down today. No upward momentum. Stay short, secure your profit before us session.
Take care of yourself!
Snapshot
Trade ist aktiv
Snapshot
Possible new channel is developing. I am bear this week and set sell limit near 7900. I did some scalping on the way down and took profit.
Take care
Anmerkung
Snapshot
Hello, (update 1/3)
H1 RSI and MFI almost overbought
I was wrong about the geometry of the trend channel, not the first time.
I will try to take short positions at levels 7960-8020. If I'm wrong, I'll try again with R3. Channel lines should be replaced with an inclined surface
It's always good to take profit.
Take care

Weekly pivots:
R3: 8159.1
R2: 8093.1
P: 7935.1
S1: 7843.1
S2: 7777.1 (looks like tp1)
S3: 7685.1
Anmerkung
Snapshot
Divergency still valid, the question is: are we going to retest trendline on RSI?.
Anmerkung
Daily timeframe, indicators are not overbought yet, almost.
Snapshot
Anmerkung
Weekly idea:
21 ema blue
50 ema yellow
200 ema red
Snapshot
Take care, tell me what you think.
Anmerkung
For now, no position. I am going to re-short ftse to the ground, have to take a rest. Indicators in the middle
Anmerkung
Snapshot
Anmerkung
Snapshot If you took it as swing trade congratulation. Take care
Anmerkung
Snapshot
target almost reached, be careful with trading today.
Take care
Trade geschlossen: Ziel wurde erreicht
Target reached with some extra points for you. Sad thing that i have 4 likes 😂. I have no idea what is going to be next, whipsaw is expected
Take care
Anmerkung
Snapshot
Recently market got hit by news. On daily we are oversold, 4 hours nice bullish divergance. Let's see if we are going through the weekly pivot.
Take care
Anmerkung
Snapshot
Recent chart update.
No idea what direction will be next week, already shorting dax but I may be wrong.
Anmerkung
Weekly Pivots and trendline
Snapshot
Anmerkung
Simillar situation to DAX, I will sell short higher because we are oversold on 4h.
If it is going down just short it.
Take care
Snapshot
Chart PatternsFTSEftse100Technical IndicatorsRising WedgeTrend AnalysisUK100 CFD

Haftungsausschluss