Entered a short position on FTSE at 7570, with a tight stop. The first target is rising red line (shown on the weekly chart).
Please do your due diligence.
Hamed
Please do your due diligence.
Hamed
Commento:
Since the inception of the idea, FTSE spent no time in following the path defined for the index. I would be looking at 7100 to take some profit. Stop have been moved to 7450, hence some profit is locked.
Commento:
Bring the stops to entry.
So far being supported by a cluster of moving averages ans trend-lines.