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UK100 FTSE Technical Analysis & Trade Idea (see previous video)

Short
Indice FTSE 100 (PEPPERSTONE:UK100)  
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PEPPERSTONE:UK100   Indice FTSE 100
Trend Analysis Chart Patterns UK100 CFD UK 100 uk100short uk100_setup uk100gbp_setup uk100index uk100analysis FTSE ftse100
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trendanalysis chartpattern uk100 uk100gbp uk100short uk100_setup uk100gbp_setup uk100index uk100analysis ftse ftse100
The UK100 has reached a critical resistance level and is showing signs of being overextended, particularly on the daily time frame. I foresee a potential retracement and am currently seeking a short opportunity against the prevailing trend. For a comprehensive analysis of this setup, please refer to my recent video post.
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