themarketzone

Two bearish scenarios

Short
FX:UK100   FTSE 100 Index
First scenario - Breakdown of a trading channel and a continuation of the bearish move that started on June
Second scenario - Completion of a bearish Butterfly near the top of 2 trading channels (Inside the PRZ of the monthly pattern)

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.