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UnknownUnicorn772665
Sep 30, 2019 2:57 PM

FTSE100 Short Trade *WEDGE PATTERN & TL BOUNCE* Short

UK 100OANDA

Description

Price is rejecting the top TL of the wedge pattern that's forming on the FTSE100 index.

FTSE being propped up by a weak pound and brexit. If some progress is made and GBP gains some strength again then FTSE should begin to drop.

Trade active

Comment

Nice bearish momentum. Positions moved to risk free now

Trade closed: target reached

Profit target smashed. Closed out for 14:1 R:R
Comments
UnknownUnicorn772665
Full analysis and trade management of this trade can be found on my blog diaryofafinancekid.com/2019/10/04/trade-breakdown-ftse100-short-october-19/
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