MrB_

FTSE Shorts Blame May

Short
TVC:UKX   UK 100 Index
nticipating FTSE weakness. Higher time frame has made new lows before retesting structure and finding resistance at the Fibonacci 61.8% zone and the 7250.0 psychological number. Price has made a lower high and seems to have formed a heads and shoulders pattern. I am waiting for price to beak the counter trend line , retest and find an entry on the continuation