TradingMad
Short

Ftse short on daily tf

FX:UK100   FTSE 100 Index of UK Listed Shares
29 0 2
ftse             ( uk100             ) has been seeing strong resistance around the 7100 zone and being the levels for the bulish trend channel.
i believe a potential retest of the bottom of the channel prior to pushing up higher to increase momentum and possibly plot a new all time high for ftse             seeing at least 7250-7300

i will potentially close the trade at the touch of the bottom of the bullish trend channel, but this level is a viewing point for further direction which can be confirmed by price action at the time of arrival to that zone.
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