UK100 Index Sell on anticipation of Head & Shoulder ??

Reason to Sell

1) 7190 - 7251 = resistance area
2) Lower low = Weak buying = stronger selling

I agree with your short bias, however its concerning you would take a position on a 'potential' chart pattern. The idea of chart patterns are they indicate a bias once formed, not before. Remember to trade 'what you see, not what you think'

This is my assessment of the market and WHY I think we will see a sell off.

EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out