robbyduffy

channel trading pattern emerging

Short
OANDA:UK100GBP   UK 100
The FTSE tends to either have trending days or tunnel bound days. Not sure which this Mon could be ...I'm wagering another downwards reach after the recent rally but the open wasn't strong. Recent bear mondays have been v positive so the sentiment could be equally balanced. Let's watch the price richochet between these boundaries. General negative direction.