TradingView
FOREXN1
Jun 19, 2023 6:50 AM

FTSE Opens with Bearish Bias: Potential for New Bearish Impulse Short

UK 100Capital.com

Description

Today, the FTSE kicked off the market with a bearish bias, as indicated by its opening. After retracing and testing the previous resistance area near 7680, the value of the FTSE appears to have encountered resistance from a dynamic trendline within a broader bearish downtrend. This suggests the possibility of a new bearish impulse taking hold today. It will be interesting to observe how this index performs in the coming days as market conditions unfold.

Trade active

Comments
FOREXN1
✅ Please share your thoughts on UK100 in the section below.

Don't Forget to LIKE this Idea and FOLLOW me !
Setupsfx_
Top work
FOREXN1
@Setupsfx_, cheers
Lingrid
Excellent view!
FOREXN1
@Lingrid, Thanks
ProSignalsFx
Thank you for sharing, mate!
FOREXN1
@ProSignalsFx, Thanks!
TopTradingSignals
Quality post mate!
FOREXN1
More