lpernetta

UK100 Daily Bearish Bat Completed

Short
FX:UK100   FTSE 100 Index
3
The UK100 Completed a Bearish Bat @6944 on Monday 15/08/2016 and yesterday reverted on a dime.
There is a possibility of a last nudge up, however MACD is already showing signs of diversion.
A bit aggressive with stops @7106 (not above X) but risk/reward is 2.33 with 38.2% target and 3.9 with 61.8%
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.