FTSE (UK100): Possible Gartley C leg complete, down for D...

FX:UK100   FTSE 100 index of UK listed shares
134 0 6
5 months ago
I didn't expect it so soon so I didn't get a chance to post this earlier. I was looking at these 2 levels for possible Gartley C completion and it's possible that we did it today (allthough still soon to tell especially with this strong move...)!

I would risk a short from here (market price, example on chart) with SL above the high (A) and target (partial or full) Gartley completion D at 0.786 XA...

Partial profits or SL to BE around 6750 in case chosen target is Gartley D but I would think it will go further down so possibly take partial profit there and leave some open for more downside...

This is still in line with the larger bat short... (see weekly chart linked below)

5 months ago
Comment: Not going to go long when the Gartley completes, holding on to shorts...
Aiming for the targets as published here:
FTSE (UK100): Bearish bat close to completion
5 months ago
Trade closed: target reached: Target reached for this one, 1.27 ext. was reached and then price retraced up.
Keeping my shorts though based on the higher TF situation as published before...
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