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UnknownUnicorn772665

FTSE100 Short Trade *TL Break & Retest*

Short
UK 100 (OANDA:UK100GBP)  
UnknownUnicorn772665 Updated   
OANDA:UK100GBP   UK 100
Trend Analysis Chart Patterns Wave Analysis UK100 CFD ftse100 stocktrading Fibonacci Retracement
8
8
trendanalysis chartpattern waveanalysis uk100 ftse100 stocktrading fibonacciretracement
Nice break and retest of bullish TL on FTSE100

At this 5800 level there is also the fib 0.618 and previous S/R zone. I am looking to trade this one down to new intraday lower lows around 5400.

Profit target 1 is at previous lows and key level 5500
Trade active
Comment:
Good resistance now formed at entry zone. Looking to trade this down to profit targets as shown on the chart :)
Comment:
SCALE IN SHORT POSITION ADDED @ 5750 22/04/2020

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